Fed Renews Push for More Bank Rules as Republicans Blame Regulators for SVB  ( 11 min )

Shareholder value is what is delivered to equity owners of a corporation, because of management's ability to increase earnings, dividends, and share prices.  ( 16 min )

Learn four of the most popular active trading strategies—and why active trading isn't limited to professional traders anymore.  ( 21 min )

See the model in action with real data and evaluate whether its assumptions are valid. Here is how to calculate the equity risk premium.  ( 19 min )

Rates on 30-year mortgages were mostly flat on Tuesday while rates on other terms edged up slightly.  ( 12 min )

A Senate investigation says over 20 ultra high-net worth Credit Suisse clients had more than $780 million in undeclared assets, in violation of a 2014 plea deal.  ( 11 min )

Lululemon Athletica (LULU) shares are soaring after the fashion athletic apparel retailer reported better-than-expected holiday quarter profit and full-year guidance.  ( 10 min )

Pregnant women can get affordable health insurance through the Marketplace and other sources. Learn how it works, where to go for coverage, costs, and more.  ( 16 min )

These are the stocks trading on U.S. or Canadian exchanges with the highest forward dividend yield.  ( 17 min )

With A. P. Møller-Mærsk leading the pack, these are the 10 biggest shipping companies by 12-month trailing revenue.  ( 13 min )

When the Federal Reserve starts hiking rates, economists say, it keeps going until something breaks. So what’s going to break next?  ( 17 min )

Buying a house with a low income can be challenging, but with the right loan and some assistance, it may be possible. Learn how to buy a house with a low income.  ( 17 min )

Expert debt-relief firms specialize in reducing consumer debt for a fee. Learn more about debt-relief programs, their costs, and where to find the best solution for you.  ( 17 min )

A debt management plan can help you regain control of your finances. Learn how to choose a debt management plan and how it differs from debt relief or debt settlement.  ( 17 min )

Find out how much to sock away annually if your yearly income is $50,000. The key is knowing the final benchmark for your retirement goal.  ( 17 min )

The U.S. dollar is the most popular fiat currencies currently used to trade Bitcoin, followed by the Korean won. Read more to learn the others in the top five.  ( 16 min )

Sibanye Stillwater, Sandstorm, and Snowline Gold lead for value, growth, and momentum, respectively.  ( 17 min )

Former CEO Sergio Ermotti returns to UBS to help with Credit Suisse transition and bank regulators prepare for another day of questioning on oversight failures. Here’s what investors need to know today.  ( 11 min )

A guide to the rights that renters have had in the United States over the years. While the laws vary by state, federal protections and common law are also important.  ( 25 min )

Investing in cryptocurrencies seems ubiquitous at this point. However, a lot of mystery still surrounds this asset class.  ( 20 min )

If you’re struggling financially, dialing 211 can connect you to someone who can offer assistance. Learn how 211 services work and how to access them.  ( 19 min )

Indexing may be a statistical measure for tracking economic data, a methodology for grouping a specific market segment, or an investment management strategy for passive investments.  ( 16 min )

Even when money is tight, there are ways you can save, invest, and start building wealth. Learn how to start investing even when your budget is small.  ( 22 min )

Money orders work well when cash, checks, and payment apps don't. Here's how to buy or cash them at 200,000 U.S. post offices, banks, and retailers.  ( 23 min )

A perfect hedge is a position that eliminates the risk within a position or a position that eliminates all market risk from a portfolio.  ( 14 min )

The Rule of 70 is a calculation that determines how many years it takes for an investment to double in value based on a constant rate of return.  ( 17 min )

If you want an example of how someone can get carried away by what seem to be high interest rates, you don’t need to look at huge financial messes like Silicon Valley Bank, R.I.P. Instead, you can look at me.  ( 50 min )

The big topic at Nvidia’s (NASDAQ:NVDA) recent GTC event concerned the opportunity around AI, with the company stressing it is well-positioned to be at the forefront of this secular trend. The event came hot on the heels of the release of OpenAI’s ChatGPT-4, the improved AI bot trained on both images and text. And fittingly, at the event, NVDA’s CEO Jensen Huang sat down with OpenAI co-founder Ilya Sutskever to talk about all things AI. Needham analyst Rajvindra Gill logged in to get the lowdown  ( 47 min )

The tech giant's reorganization plan will change how investors value the stock, both now and in the future, analysts predict.  ( 23 min )

The bank has chosen not to redeem the preferred in recent years despite being able to do so.  ( 23 min )

Shares of Charles Schwab have tumbled about 35% so far this year as investors reassess the impact of rising interest rates.  ( 23 min )

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These are the stocks trading on U.S. or Canadian exchanges with the highest forward dividend yield.  ( 17 min )

In the long run, if you sell an investment asset for a profit you will owe capital gains taxes. But for active investors, it's important to understand that the IRS gives you a few ways to defer those taxes. This … Continue reading → The post How to Avoid Capital Gains Tax on Mutual Funds appeared first on SmartAsset Blog.  ( 51 min )

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Tesla shares are having their best start to a year ever after having the worst start to the year ever. That setup makes the coming delivery number key.  ( 23 min )

On March 29, Nano Dimension Ltd (NASDAQ: NNDM) submitted a revised offer to acquire Stratasys, Ltd (NASDAQ: SSYS) at $19.55 per share in cash. Nano Dimension proposes to acquire the remaining shares of Stratasys for an aggregate of approximately $1.2 billion on a fully diluted basis. The new offer represents a premium of 37% to the closing trading price as of March 3. Nano Dimension has been the largest shareholder of Stratasys since July 2022 and currently owns approximately 14.5% of Stratasys'  ( 47 min )

The $40 million funding marks yet another investment by market maker DWF Labs, its fifth this month.  ( 47 min )

China’s BYD motors posted huge fourth-quarter results.  ( 48 min )

What we know about the world’s richest.  ( 49 min )

The cruise line operator's massive debt and stock dilution remain stumbling blocks for this value investor.  ( 12 min )

Lately, it’s been difficult to remain fully invested in real estate investment trusts (REITs) when so many high-yielding REITs have had their share prices decimated over the past two months or longer. Among the 104 REITs whose dividend yields are 6% or higher, only one — Broadmark Realty Capital Inc. (NYSE: BRMK) — has had a positive return over the past four weeks, and that’s because it was acquired by Ready Capital Corp. (NYSE: RC). Of the 104 REITs with 6% or higher dividends, 30 have lost be  ( 49 min )

There’s no getting away from it, given the Fed’s policy of aggressive rate hikes, a soft landing for the U.S. economy appears out of the question. That at least is the opinion of Cathie Wood, who is therefore readying for a hard landing. “Money velocity is flattening,” the ARK Investment Management CEO said recently in reference to the recent banking mess while Wood also expects a marked deceleration in nominal gross domestic product. However, these are all blind spots for the Fed, she believes,  ( 49 min )

My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.  ( 51 min )

The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays … Continue reading → The post Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back appeared first on SmartAsset Blog.  ( 48 min )

Planning for retirement can be complicated, even with millions in the bank. Let's take a look at some of the most common tools you can use and questions people have about retiring at 70 with a $2 million nest egg. … Continue reading → The post Is $2 Million Enough to Retire at 70? appeared first on SmartAsset Blog.  ( 50 min )

The verdict? The future is virtual.  ( 50 min )

Lululemon's acquisition of Mirror has been an utter failure.  ( 47 min )

Micron is seeing pressure on its business from high customer inventory and weak PC demand. But things improve from here.  ( 23 min )

Analysts at J.P. Morgan expect shares in Alibaba to keep climbing after its reorganization announcement. The stock could more than double.  ( 24 min )

Have you any dreams you'd like to sell?  ( 49 min )

While AI excitement has boosted Nvidia's stock, other chip makers are also talking up prospects for a rebound this year.  ( 23 min )

(Bloomberg) -- Russia said top agricultural commodities trader Cargill Inc. will stop exporting its grain, adding to uncertainty over the future of Black Sea crop shipments. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesUBS Veteran Ermotti Returns to Lead Credit Suisse TakeoverBanks in France Face More Than $1.1 Billion Fines After RaidsAs the biggest wheat exporter, Russian grain i  ( 49 min )

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Rule changes living rent-free in your mind? Perhaps it's time for a more passive approach.  ( 50 min )

There is considerable value to be found among international names at the moment.  ( 18 min )

Nadella also revealed his three top tips for aspiring leaders.  ( 48 min )

The memory-chip maker is now losing billions as it writes down inventory to wait out downturn.  ( 24 min )

Micron stock rises as the chip maker says high customer inventories have been showing signs of improvement, while Lululemon surges after issuing better-than-expected guidance for the current fiscal year.  ( 23 min )

(Bloomberg) -- Of all the stocks that have been supercharged by this year’s artificial intelligence frenzy, Nvidia Corp. stands alone.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsMcKinsey Starts Eliminating 1,400 Roles This Week in a Rare Round of Job CutsThe key supplier of chips required to power chatbots has more than  ( 49 min )

According to a filing from the Securities and Exchange Commission, Warren Buffett’s Berkshire Hathaway has upped its stake in Occidental Petroleum.  ( 47 min )

Investors persevering with Alibaba Group were richly rewarded after the stock logged the biggest gain since November. The market reaction suggests its plan to overhaul the US$257 billion tech empire will bring great benefits to shareholders. The move is expected to unlock values from its assets, most analysts said, while allaying Beijing's concerns over the group's dominance in the local economy. Is the US$32 billion overnight gain in market value in New York, and HK$21 billion (US$2.7 billion)  ( 49 min )

Videogame retailer, the original meme stock, hits brakes on e-commerce push to refocus on its 4,400 bricks-and-mortar locations.  ( 24 min )

Inflation data Friday will be a key macro catalyst for Bitcoin, which has rallied amid shifting monetary policy expectations.  ( 23 min )

UBS has drafted in the chief executive who helped it recover from the financial crisis to steer the bank through the takeover of Credit Suisse.  ( 48 min )

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There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same direction.  ( 26 min )

(Bloomberg) -- Oil extended gains after an industry report signaled a big draw in US crude stockpiles as an ongoing dispute halts exports from Turkey.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksWest Texas Intermediate futures rose for a third session toward  ( 48 min )

(Bloomberg) -- The Kuwait Investment Authority launched a sale of about 20 million shares in Mercedes-Benz Group AG — roughly a quarter of its stake — after the carmaker’s stock almost quadrupled over the last three years.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showin  ( 47 min )

(Bloomberg) -- Europe has negotiated through the winter of a crisis that threatened to choke energy supplies and overwhelm its economy, but officials are warning that the squeeze may not yet be over. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksFears of black  ( 51 min )

Bitcoin rebounded in Wednesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies. XRP led the winners.  ( 48 min )

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(Bloomberg) -- BYD Co.’s profit more than quintupled last year after the Chinese automaker sold a record number of electric vehicles and stepped up its battle with Tesla Inc. for market share. Most Read from BloombergFBI Releases Files on Ivana Trump$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksNet income soared 446  ( 47 min )

(Bloomberg) -- Traders are leaning toward further gains in the world’s biggest bond market, after a rally that got a major boost from short-covering by hedge funds this month.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksThat’s the read from Citigroup Inc.’s l  ( 48 min )

Ronald Reid was the last person you would expect to be a millionaire. He used safety pins to hold his old coats together and cut his own firewood well into his 90s. He drove a second-hand Toyota Yaris and resisted new purchases. To stay updated with top startup investments, sign up for Benzinga’s Startup Investing & Equity Crowdfunding Newsletter His only real indulgence may have been his daily English muffin and a cup of coffee at the Brattleboro Memorial Hospital in Vermont, where a friend rem  ( 48 min )

Amazon is reportedly looking into the potential purchase of AMC Entertainment and its chain of movie theaters as a means of boosting its physical marketing presence.  ( 48 min )

Jongvolwassenen in Nederland gebruiken vaker WhatsApp dan andere apps om drugs te kopen. Maar er is nog veel onbekend over online drugsverkoop. Het Trimbos-instituut vindt dat meer onderzoek nodig is.  ( 5 min )

VodafoneZiggo is getroffen door een datalek. Daarbij zijn de persoonlijke gegevens van zo'n 700.000 klanten naar buiten gekomen, waarschuwt de provider woensdag.  ( 2 min )

Het plan van het kabinet om de btw op groente en fruit verlagen naar 0 procent klinkt goed, maar levert weinig op. De maatregel is juridisch ingewikkeld en levert erg weinig gezondheidswinst op, concluderen onderzoekers van SEO Economisch Onderzoek.  ( 4 min )

Meer dan duizend vooraanstaande mensen uit de technologiesector zijn erg bezorgd over de snelle ontwikkeling van kunstmatige intelligentie. In een open brief roepen onder anderen Tesla-baas Elon Musk en medeoprichter van Apple Steve Wozniak op de AI-ontwikkeling tijdelijk te pauzeren.  ( 4 min )

VodafoneZiggo waarschuwt klanten woensdag dat hun persoonlijke gegevens mogelijk naar buiten zijn gekomen bij een datalek. Het is nog niet duidelijk van hoeveel klanten data mogelijk op straat liggen.  ( 2 min )

Steeds meer meisjes kiezen voor een opleiding in de techniek. Dit schooljaar zijn ruim 20 procent meer meisjes een technische vmbo-opleiding gaan volgen dan een jaar eerder.  ( 3 min )

Ralph Hamers, de Nederlandse topman van de Zwitserse bank UBS, legt zijn functie volgende week woensdag neer. Dat doet hij nadat UBS de geplaagde branchegenoot Credit Suisse heeft overgenomen.  ( 4 min )

Adidas trekt zo snel mogelijk een bezwaar tegen een nieuw beeldmerk voor de Black Lives Matter-beweging in. Dat meldt het bedrijf maar een paar dagen nadat het zijn bezwaar kenbaar had gemaakt.  ( 4 min )

Adidas trekt zo snel mogelijk een bezwaar tegen een nieuw beeldmerk voor de Black Lives Matter-beweging in. Dat meldt het bedrijf maar een paar dagen nadat het zijn bezwaar kenbaar had gemaakt.  ( 3 min )

Door het slechte weer van de afgelopen tijd loopt onderhoud aan een van de start- en landingsbanen op luchthaven Schiphol een paar weken uit. Het lukt niet de baan op te leveren voor de meivakantie. Als het weer dan opnieuw niet meezit, kan dit beperkte invloed hebben op de vluchtschema's.  ( 3 min )

Wie de voorraadkast met schoonmaakmiddelen wil vullen om het huis grondig in het sop te zetten, moet diep in de buidel tasten. Schuurmiddelen, poetsmiddelen en sponzen zijn nu ruim 25 procent duurder dan een jaar geleden.  ( 3 min )

Ralph Hamers, de Nederlandse topman van de Zwitserse bank UBS, legt zijn functie volgende week woensdag neer. Dat doet hij nadat UBS de geplaagde branchegenoot Credit Suisse heeft overgenomen.  ( 3 min )

In de Europese Unie moet een veel groter netwerk van oplaadpunten voor elektrische auto's komen. Dat hebben onderhandelaars van het Europees Parlement en de Europese Raad dinsdag besloten.  ( 3 min )

De laatste coronaregels zijn begin deze maand komen te vervallen. Daarmee kwam een eind aan isolatie na testen en komen er geen nieuwe vaccinatierondes meer. Toch lijken een aantal maatregelen die drie jaar geleden hun intrede deden blijvertjes, blijkt uit een rondgang van NU.nl.  ( 5 min )

Bedrijven die relatief veel broeikasgassen uitstoten, moeten zelf meer investeren in verduurzaming. Het kabinet moet ze niet met extra subsidies helpen om hun achterstand op concurrenten in te halen, vinden zowel coalitie- als oppositiepartijen in de Tweede Kamer. Dat blijkt uit een rondgang van NU.nl.  ( 6 min )

Major U.S. equities indexes dropped on March 28, 2023, with rising confidence in the banking sector reviving interest rate concerns.  ( 1 min )

Banking regulators will face tough questions from Congress today while the U.S. brings a case against the world’s largest cryptocurrency exchange. Here’s what investors need to know today.  ( 1 min )

Walgreens Boots Alliance (WBA) is the best-performing stock in the Dow as the largest U.S. pharmacy chain posted better-than-expected quarterly results, even as demand for COVID-19-related products declined.  ( 1 min )

The markets have been pounded lately by a series of economic shocks, most recently the bank crisis sparked earlier this month by the failure of Silicon Valley Bank. That spread quick fears of contagion, as the crypto-heavy Signature and Silvergate banks also failed – and then the international heavyweight Credit Suisse showed signs of cracking. Economist Mohamed El-Erian warns that we are facing multiple problems simultaneously, and the outlook is grim. “It’s not just a dilemma of inflation vers  ( 51 min )

(Bloomberg) -- Micron Technology Inc., the largest US maker of memory chips, gave a better forecast for the current quarter than some analysts had feared, sparking hope that the worst of a brutal industry slump may be over. Most Read from BloombergFBI Releases Files on Ivana Trump$52 Billion Chipmaking Plan Is Racing Toward FailureBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksMarkets Are Wrong on US Rate-Cut Bets, Bla  ( 48 min )

A credit freeze is less threatening now than in 2008, says Goldman Sachs. Here are four reasons.  ( 23 min )

If the price breaks below the low $70 range, it could open the door to more losses.  ( 25 min )

The Chinese tech company announced it will break itself into six pieces. The move gave Alibaba's shares a shot in the arm.  ( 23 min )

(Bloomberg) -- Finance Minister Chrystia Freeland is planning to raise billions of dollars from banks and insurance companies by changing the tax rules for dividends they get from Canadian firms. Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBanks in France Face More Than $1.1 Billion Fines After RaidsMarkets Are Wrong on US Rate-Cut Bets, BlackRock Says$52 Billion Chipmaking Plan Is Racing Toward FailureIn a measure that  ( 49 min )

The maker of high-end electric cars plans to lay off about 1,300 employees.  ( 25 min )

The firm said it was relocating “immediately” from Washington after the state’s supreme court cleared the way for a capital gains tax.  ( 23 min )

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Micron is seeing pressure on its business from high customer inventory and weak PC demand. But things improve from here.  ( 23 min )

Paramount has long been rumored as a potential acquisition target due to its small size relative to competitors.  ( 47 min )

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As inflation and interest rate concerns weigh on tech companies, these stocks lead the sector in value, growth, and momentum.  ( 17 min )

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Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.  ( 47 min )

A major real estate investment trust (REIT) has lost more than half its value since its early August 2022 highs. Medical Properties Trust Inc. (NYSE: MPW) this week is making new 52-week lows as the months-long downward slide shows no sign of stopping. The REIT is suffering, along with many others in the sector, from investors dumping shares as the banking crisis remains front-page news and the Federal Reserve keeps raising interest rates. Lower expectations for a pivot – where rates begin to go  ( 48 min )

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Apple finally launches its long-expected move into the “buy now, pay later” purchase financing market. Affirm shares sell off in response.  ( 23 min )

Binance, the largest global crypto exchange by trading volume, and Chief Executive Changpeng Zhao were reportedly taken off guard by the U.S. Commodities and Futures Trading Commission’s (CFTC) decision to file a civil lawsuit against the company on Monday. The firm, which has for years avoided establishing a permanent headquarters, had been in dialogue with U.S. and other regulators about operating compliantly in the hundred-plus jurisdictions it services. Just last month, Binance Chief Strategy Officer Patrick Hillman told the Wall Street Journal that the exchange had closed “gaps” that formed in its compliance strategy as a result of the exchange’s rapid expansion.  ( 48 min )

Alibaba will split into six businesses  ( 46 min )

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Despite talk of a possible failure, the bank has remained open.  ( 9 min )

Google, Amazon, and Salesforce are among the employers toughening performance reviews to weed out underperformers.  ( 49 min )

Micron reports Q2 FY 2023 results on March 28. Analysts expect the widest-ever net losses and revenue less than half what it was a year earlier.  ( 11 min )

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Relief over the founders’ exit gives way to worries about the new CEO and Lyft’s dwindling share.  ( 25 min )

High-yield savings accounts are offering big rates and low risk, but advisors say there are tradeoffs to consider.  ( 49 min )

When El Salvador President Nayib Bukele made the controversial decision to make Bitcoin legal tender in his country, many people were skeptical and concerned about the potential risks. Bukele announced on Twitter that the country would purchase one Bitcoin (CRYPTO: BTC) each day starting Nov. 18, 2022. How is that going in 2023? The latest news out of El Salvador suggests that the government's bet on cryptocurrency is paying off. According to Treasury Minister Alejandro Zelaya, the government ha  ( 49 min )

(Bloomberg) -- A $3 billion exchange-traded fund tracking regional banks has become the battleground for traders placing their wagers on the outlook for the industry following the recent financial turmoil.Most Read from BloombergFBI Releases Files on Ivana Trump$52 Billion Chipmaking Plan Is Racing Toward FailureBanks in France Face More Than $1.1 Billion Fines After RaidsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksMarkets Are Wrong on US Rate-Cut Bets, BlackRock SaysOptions  ( 48 min )

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Penny stocks are controversial, to say the least. When it comes to these under $5 per share investment opportunities, Wall Street observers usually either love them or hate them. The penny stock-averse point out that while the bargain price tag is tempting, there could be a reason shares are trading at such low levels like poor fundamentals or insurmountable headwinds. However, the other side of the coin has merit as well. Naturally, with these cheap tickers, you get more bang for your buck in t  ( 49 min )

Investment is down, labor is scarce, budget is squeezed. Oligarch: ‘There will be no money next year’  ( 23 min )

Just a week after the legislation was introduced, California lawmakers passed the country's first penalty for price gouging at the pump. Gov. Gavin Newsom is expected to sign the bill.  ( 47 min )

A CD is a type of savings account that helps those who want a relatively risk-free way to grow their funds. But CDs also come with some downsides you should consider before investing in one.  ( 51 min )

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Chipmaker Intel set to host an artificial intelligence webinar on Wednesday.  ( 12 min )

Home prices in January saw the smallest gain since December 2019, according to S&P CoreLogic Case-Shiller.  ( 23 min )

(Bloomberg) -- Regulators are singling out a trade on Deutsche Bank AG’s credit default swaps that they suspect fueled a global selloff on Friday.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkBanks in France Face More Than $1.1 Billion Fines After RaidsIt was a roughly €5 million ($5.4 million) bet on  ( 48 min )

(Bloomberg) -- Alibaba Group Holding Ltd.’s US shares surged as much as 13% after China’s online commerce leader announced plans to split its $220 billion empire into six business units, a major restructuring that promises to yield several initial public offerings.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suiss  ( 48 min )

The pharmacy chain posted second-quarter adjusted earnings of $1.16 a share, topping analysts' expectations for $1.10.  ( 23 min )

(Bloomberg) -- Not long ago, Michael Klein had a happy message for unhappy bankers at Credit Suisse Group AG: We’re going to get rich.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkBanks in France Face More Than $1.1 Billion Fines After RaidsThings aren’t quite turning out that way.Klein – Midas of M&A,  ( 50 min )

Gautam Adani was once among the world’s richest people, before allegations of corporate fraud leveled by Hindenburg Research halved the value of his conglomerate. His companies pick up plum contracts in diverse sectors in India: mining, green energy, shipping, aviation, and power, among others.  ( 48 min )

A tax loophole is a tax law provision or a shortcoming of legislation that allows individuals and companies to lower tax liability. Loopholes are legal and allow income or assets to be moved with the purpose of avoiding taxes. This … Continue reading → The post Tax Loopholes appeared first on SmartAsset Blog.  ( 50 min )

There comes a time in all of our lives when we have to say goodbye to a family member or friend. If you were close with the person who passed away, you might discover that they've left you something in … Continue reading → The post What You Need to Know About Inheritance Tax appeared first on SmartAsset Blog.  ( 49 min )

Is it worth paying a financial advisor to manage retirement funds if you are confident in your own financial investment strategies? I feel like I have a solid understanding of long-term investment strategies. And as such, I feel the roughly … Continue reading → The post Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor? appeared first on SmartAsset Blog.  ( 50 min )

Wondering how your retirement savings stack up to other Americans' nest eggs? Or whether your income in your post-work years will be enough to keep you afloat? It's normal to be curious about the average retirement income in the U.S. … Continue reading → The post What Is the Average Retirement Income? appeared first on SmartAsset Blog.  ( 49 min )

The mining company submitted a proposal to acquire start-up Australian miner Liontown, which turned it down. Two earlier bids were rejected as well.  ( 23 min )

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Alibaba will split itself into six units in a bid to unlock shareholder value—the biggest overhaul in the history of one of China's most important companies.  ( 23 min )

The Euro has rallied a bit against the US dollar during the trading session on Tuesday, as we continue to see a lot of choppiness in the Forex world.  ( 47 min )

Berkshire Hathaway bought more than $200 million of stock in the energy company and now holds a 23.5% stake worth about $12.6 billion  ( 23 min )

Alibaba Group Holding Limited (NYSE: BABA) shares are soaring in the premarket session as the company looks to restructure to unlock value. Since its establishment over two decades ago, Alibaba has proposed revamping its operations in its most significant corporate restructuring. Alibaba will reorganize its businesses into six independently run entities: Cloud Intelligence Group, e-commerce under Taobao-Tmall, Cainiao’s smart logistics operations, Local Services group, Global Digital Business Gr  ( 47 min )

A decline in COVID-19 vaccinations and an opioid settlement cut into Walgreens second-quarter earnings, but the drugstore chain still delivered better-than-expected results. Walgreens said Tuesday that it administered 2.4 million vaccinations in its recently completed fiscal second quarter. Walgreens also booked a $306-million pre-tax charge for opioid claims and some costs tied to cost cutting and an acquisition.  ( 47 min )

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The retail pharmacy posts second-quarter adjusted earnings of $1.16 a share, topping analysts' expectations of $1.10.  ( 23 min )

Let's not get too excited just yet.  ( 10 min )

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MicroStrategy, a company that owns large amounts of Bitcoin, has bought more. That often triggers a price reaction in the short term, analysts say.  ( 23 min )

Alibaba Group plans to split its business into six independently run entities, the biggest structural overhaul in its history.  ( 25 min )

(Bloomberg) -- Alibaba Group Holding Ltd. plans to split its $220 billion empire into six units that will individually raise funds and explore initial public offerings, the biggest overhaul of China’s online commerce leader since its inception more than two decades ago.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit  ( 49 min )

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Chinese tech giant Alibaba plans to split itself into six units, and Lyft names a new chief executive.  ( 23 min )

Alibaba will split itself into six units in a bid to unlock shareholder value—the biggest overhaul in the history of one of China's most important companies.  ( 23 min )

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After a tough 2022, Big Tech has somehow become a safety trade as other parts of the market stumble.  ( 48 min )

Some are betting on a rebound in the banking sector, wagering that regional lenders are in much better condition than many initially feared.  ( 25 min )

The U.S. Security and Exchange Commission (SEC) accuses XRP of being an unregistered security in a court case that’s expected to be completed soon.  ( 46 min )

(Bloomberg) -- Adani Group stocks slumped to erase over 523 billion rupees ($6.4 billion) in market value on Tuesday, the biggest decline since early February, on renewed concerns over the ports-to-power conglomerate’s ability to repay its debt. Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkAdani Ports  ( 48 min )

The trade may have a little more juice in it, but the sector looks way less attractive than it did a few months ago.  ( 23 min )

(Bloomberg) -- The Federal Reserve will keep raising interest rates despite traders betting otherwise as fears of a banking crisis convulse markets, according to BlackRock Inc.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkThe world’s biggest money manager favors inflation-linked bonds — securities that  ( 49 min )

(Bloomberg) -- Albemarle Corp., the world’s top lithium producer, had a A$5.5 billion ($3.7 billion) takeover offer rejected by Liontown Resources Ltd., an Australian producer of the battery metal.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkAlbemarle offered to acquire all of Liontown’s equity at A$2  ( 48 min )

(Bloomberg) -- A raft of sales beats from some of China’s largest tech firms and signs of a more relaxed regulatory environment are giving bulls new reasons to be optimistic.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkThe nation’s three internet leaders — Baidu Inc., Alibaba Group Holding Ltd. and Te  ( 48 min )

(Bloomberg) -- A raft of sales beats from some of China’s largest tech firms and signs of a more relaxed regulatory environment are giving bulls new reasons to be optimistic.Most Read from BloombergBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksSaudi National Bank Chair Resigns After Credit Suisse RemarkFBI Releases Files on Ivana TrumpThe nation’s three internet leaders — Baidu Inc., Alibaba Group Holding Ltd. and Te  ( 48 min )

(Bloomberg) -- “I’m not an anarchist,” Changpeng Zhao once said. “I don’t believe human civilization is advanced enough to live in a world with no rules.”Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkBut now that the US Commodity Futures Trading Commission has sued Zhao and his Binance cryptocurrency e  ( 51 min )

Berkshire Hathaway bought more than $200 million of stock in the energy company and now holds a 23.5% stake worth about $12.6 billion  ( 23 min )

While other oil majors have left Alaska due to high capital costs and regulatory hurdles, one U.S. oil firm is pushing ahead with oil development in the state, betting on a new project that could pump crude for decades  ( 48 min )

(Bloomberg) -- In the battle for the biggest prize in China’s trillion-dollar pension market, BlackRock Inc. and other global firms have little chance of attracting clients like Judy Deng.Most Read from BloombergBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksFirst Citizens to Buy SVB After Biggest Failure Since 2008On New Year’s Eve, the logistics executive t  ( 51 min )

Apple Inc. has announced the delayed launch of its Apple Pay Later scheme.  ( 12 min )

The CFA Level I pass rate rose marginally for those who took the test in February, but the program has fewer candidates than before the pandemic.  ( 11 min )

There are important differences between certificates of deposit (CDs) and mutual funds. In this guide, we'll take you through them.  ( 18 min )

Time-barred debt is money someone borrowed and didn't repay but which is no longer legally collectable because a certain number of years have passed.  ( 16 min )

Major U.S. equities indexes dropped on March 28, 2023, with rising confidence in the banking sector reviving interest rate concerns.  ( 10 min )

Using the 28/36 rule can help you determine how much debt is reasonable in your situation. Here is how it works.  ( 17 min )

A transferable letter of credit is one that grants a primary beneficiary the right to transfer some or all of the credit to a secondary beneficiary.  ( 17 min )

There are important financial dates and deadlines to track in 2023, and our personal finance calendar has them all in one place. Learn how to plan your financial year.  ( 25 min )

Sharpest declines are in tech hubs in the West, while the Southeast gains.  ( 11 min )

A credit agreement is a legally binding contract that documents the terms of a loan agreement between borrower and lender.  ( 17 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 13 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )

Personal loan rates on average dropped more than three-quarters of a point this week, especially benefiting those with Fair credit.  ( 11 min )

The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 16 min )

As inflation and interest rate concerns weigh on tech companies, these stocks lead the sector in value, growth, and momentum.  ( 17 min )

Personal loan rates on average dropped more than three-quarters of a point this week, especially benefiting those with Fair credit.

Counterparty risk is the likelihood or probability that one of those involved in a transaction might default on its contractual obligation.  ( 17 min )

How to avoid tax penalties when using your 401(k) before retirement, by taking a hardship distribution or a loan from your plan.  ( 21 min )

Chartered Retirement Plans Specialist (CRPS) is a credential for those who create, implement, and maintain retirement plans for businesses.  ( 17 min )

Alibaba shares rose 14% in intra-day trading on Tuesday as the company undertakes a major restructuring and spins out six business units.  ( 11 min )

Just how are companies added to and dropped from the S&P 500, and how is its value calculated? Curious? Read on.  ( 18 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 11 min )

Part of retirement planning is figuring out if your retirement income will last. Find out if your retirement savings will provide the standard of living you want.  ( 22 min )

Strategists at BlackRock have ruled out the possibility of the Federal Reserve cutting interest rates this year, despite recent turmoil in the banking sector and a potential recession ahead.  ( 10 min )

Rates on 30-year mortgages abruptly changed direction Monday, jumping 22 basis points, breaking the recent trend that saw rates easing.  ( 12 min )

Walgreens Boots Alliance (WBA) is the best-performing stock in the Dow as the largest U.S. pharmacy chain posted better-than-expected quarterly results, even as demand for COVID-19-related products declined.  ( 11 min )

Micron reports Q2 FY 2023 results on March 28. Analysts expect the widest-ever net losses and revenue less than half what it was a year earlier.  ( 11 min )

Attribution bias occurs when individuals incorrectly perceive the causes of events and behaviors, often attributing successes to their own abilities and failures to others.  ( 18 min )

Present bias, is the tendency for people put far more weight on immediate gratification or short-term gains at the expense of objectively more valuable long-term benefits.  ( 15 min )

The Dunning-Kruger effect is the tendency for people who don't know what they are talking about to incorrectly have confidence that they do. This may affect their investments.  ( 18 min )

Buying a car with no credit can be a daunting task. Learn the steps to take to get the best deal and secure financing with no credit in our comprehensive guide.  ( 17 min )

Pareidolia is the tendency to create meaning by perceiving patterns amid random visual data, which can be dangerous when analyzing stock charts.  ( 15 min )

Credit Suisse collapsed and was purchased by UBS in March 2023. We provide an overview of some of the events leading to the collapse and possible repercussions.  ( 17 min )

Chipmaker Intel set to host an artificial intelligence webinar on Wednesday.  ( 11 min )

Understand what credit scores in each range mean for your future. Learn how to improve your credit score and how it affects your ability to borrow money.  ( 17 min )

Banking regulators will face tough questions from Congress today while the U.S. brings a case against the world’s largest cryptocurrency exchange. Here’s what investors need to know today.  ( 11 min )

Understand the difference between closed-end credit and an open line of credit, as well as how individuals and businesses use each type.  ( 15 min )

A forward start option is an exotic option that is bought and paid for now but becomes active later with a strike price determined at that time.  ( 15 min )

A callable security is a security with an embedded call provision that allows the issuer to repurchase or redeem the security by a specified date.  ( 14 min )

Een aantal pensioenfondsen heeft vorig jaar onvolledige informatie gedeeld over de verhoging van de pensioenen. De fondsen hebben vooral de voordelen van de indexatie benadrukt, concludeert de Autoriteit Financiële Markten (AFM) na onderzoek. De nadelen werden minder duidelijk uitgelegd.  ( 3 min )

Eneco moet klanten met zonnepanelen compenseren omdat zij sinds september een te lage terugleververgoeding kregen voor zonnestroom. Veel klanten werden daar pas deze week over geïnformeerd, terwijl zij al sinds september recht hadden op meer geld.  ( 4 min )

De NS roept 780.000 klanten via een e-mail op extra alert te zijn op phishingmails. De persoonsgegevens van deze reizigers zijn mogelijk op straat komen te liggen door een datalek.  ( 3 min )

Het spoor tussen Eindhoven en Den Bosch gaat woensdagochtend definitief weer open. Het treinverkeer was er dagenlang gestremd door dassen die tunnels hadden gegraven. De treinen kunnen daardoor woensdag weer volgens de normale dienstregeling rijden, meldt ProRail dinsdag.  ( 4 min )

In de omgeving van Tata Steel blijven veel schadelijke stoffen neerdalen. De afgelopen jaren is geen sprake geweest van een duidelijke verbetering, meldt het RIVM dinsdag na herhaling van eerder onderzoek. Het gezondheidsinstituut roept op dit in de komende jaren te blijven onderzoeken, maar heeft die opdracht nog niet gekregen.  ( 6 min )

De EU-landen hebben afgesproken om ook komend jaar 15 procent minder gas te verbruiken. De noodmaatregel zou eind maart verlopen, maar de Europese energieministers hebben dat met een jaar opgeschoven.  ( 3 min )

De EU-landen hebben afgesproken om ook komend jaar 15 procent minder gas te verbruiken. De noodmaatregel zou eind maart verlopen, maar de Europese energieministers hebben dat dinsdag met een jaar opgeschoven.  ( 3 min )

Het spoor tussen Eindhoven en Den Bosch gaat woensdagochtend definitief weer open. Het treinverkeer was er dagenlang gestremd door dassen die tunnels hadden gegraven. De treinen kunnen daardoor morgen weer rijden volgens de normale dienstregeling. Dat meldt ProRail dinsdag.  ( 3 min )

Met onze smartwatch en smarthome-apparatuur leveren we een schat aan informatie aan techbedrijven. Denk aan medische gegevens, zoals je hartslag, lichaamsbeweging en stressniveau. Die informatie kan hartstikke nuttig zijn voor onszelf, maar techbedrijven kunnen die data juist weer in jouw nadeel gebruiken. En daar zijn wij consumenten ons vaak niet genoeg van bewust.  ( 4 min )

In de Europese Unie moet een veel groter netwerk van oplaadpunten voor elektrische auto's komen. Dat hebben onderhandelaars van het Europees Parlement en de Europese Raad dinsdag besloten.  ( 3 min )

Demonstraties en stakingen horen bij Frankrijk als stokbrood en camembert. Dit keer verzetten de Fransen zich tegen een verhoging van de pensioenleeftijd. Ondanks grote tegenstand drukte de regering van president Emmanuel Macron het pensioenplan toch door. Dat leidt nu al weken tot grootschalige protesten, die geregeld ontaarden in rellen.  ( 8 min )

De overheid moet terughoudend zijn met pogingen om het gedrag van burgers en bedrijven te sturen via belastingen. Dat stelt het Centraal Planbureau (CPB). Volgens het CPB is die methode lang niet altijd effectief. Ook zou het belastingstelsel van al die maatregelen onnodig complex worden.  ( 3 min )

Tata Steel stapt naar de rechter om cameratoezicht op de staalfabriek te laten verbieden. De Omgevingsdienst Noordzeekanaalgebied heeft camera's opgehangen om schadelijke rookwolken te registreren. Maar volgens de staalproducent is de privacy van medewerkers nu in gevaar.  ( 3 min )

In de Europese Unie moet een veel groter netwerk van oplaadpunten voor elektrische auto's komen. Dat hebben onderhandelaars van het Europees Parlement en de Europese Raad dinsdag besloten.  ( 3 min )

Nederlanders boekten in februari weer massaal vakanties. Ten opzichte van februari 2019 liep het aantal boekingen op met 18 procent. Vooral België en het Verenigd Koninkrijk zijn populair. Vakanties naar Turkije zijn minder in trek, in navolging op de grote aardbevingen daar.  ( 3 min )

Denk je voor een zacht prijsje een vakantie te boeken, komen er nog honderden euro's bovenop. 'Misleiding met lokkertjes', noemt de Consumentenbond het. Volgens de organisatie zijn aanbiedingsprijzen voor reizen vaak niet beschikbaar.  ( 4 min )

De provincies Utrecht en Zuid-Holland zijn volgens de Regional Competitive Index de concurrerendste regio's van de Europese Unie. Dit komt door de goede baankansen en economische groei.  ( 3 min )

Twitteraars zonder betaald Blue-abonnement kunnen vanaf half april niet meer stemmen in polls. Ook verschijnen hun tweets niet meer in de For You-lijst.  ( 3 min )

Nieuwe regels voor het opzeggen van energiecontracten laten langer op zich wachten. De verwachte ingangsdatum was aanvankelijk 1 april maar wordt nu 1 juni, bevestigt branchevereniging Energie Nederland na berichtgeving van RTL Nieuws. En zolang de regels niet veranderen, zijn veel leveranciers terughoudend met het aanbieden van vaste contracten.  ( 5 min )

Ruim drie kwart van de goederen in de Europese Unie wordt vervoerd over de weg: met vrachtwagens dus. Europese plannen om CO2 te besparen door meer goederen per boot of trein te laten vervoeren, hebben nog weinig effect. De vrachtwagen blijft snel en goedkoop, constateert de Europese Rekenkamer.  ( 3 min )

Algemene ziekenhuizen en vakbonden hebben een onderhandelingsresultaat bereikt over de arbeidsvoorwaarden van zo'n 200.000 werknemers. Na maandenlange onenigheid kwamen de onderhandelaars maandag in een overleg tot overeenstemming.  ( 3 min )

Ruim drie kwart van de goederen in de Europese Unie wordt vervoerd over de weg, met vrachtwagens dus. Europese plannen om CO2 te besparen door goederenvervoer te verplaatsen naar boot of trein hebben nog weinig effect. De vrachtwagen blijft snel en goedkoop, constateert de Europese Rekenkamer.  ( 3 min )

Nieuwe regels voor het opzeggen van energiecontracten laten langer op zich wachten. De verwachte ingangsdatum was aanvankelijk 1 april maar wordt nu 1 juni, bevestigt branchevereniging Energie Nederland na berichtgeving van RTL Nieuws. En zolang de regels niet veranderen, zijn veel leveranciers terughoudend met het aanbieden van vaste contracten.  ( 5 min )

Shares of First Citizens BankShares (FCNCA) are skyrocketing after the regional bank purchased a large portion of collapsed Silicon Valley Bank.  ( 1 min )

The turmoil in the U.S. banking sector has had a negative impact on the market for initial public offerings (IPOs). IPOs raised just $19.7 billion this year, down 70% from a year ago. Of that, just $3.2 billion has been raised through IPOs in the U.S.  ( 1 min )

U.S. equities finished mixed, with bank stocks jumping after First Citizens BancShares bought a large portion of the assets and deposits of collapsed Silicon Valley Bank, and on signs the turmoil in the sector caused by the failure of SVB and Signature Bank is easing.  ( 1 min )

First Citizens will buy most of Silicon Valley Bank's assets while regulators are looking to expand lending for First Republic Bank to give it more time to strengthen its balance sheet. Here’s what investors need to know today.  ( 1 min )

Carnival Corporation (CCL) was the worst-performing stock in the S&P 500 after the cruise line operator predicted much bigger losses than expected in the current quarter and full year.  ( 1 min )

(Bloomberg) -- California will limit the amount of profit oil companies can earn in the state under legislation pushed by Governor Gavin Newsom to control soaring gasoline prices.Most Read from BloombergBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksFirst Citizens to Buy SVB After Biggest Failure Since 2008The state Assembly on Monday passed a bill that allow  ( 47 min )

(Bloomberg) -- Nikola Corp.’s chief financial officer is stepping down next month in a shake up of the zero-emission vehicle startup’s top ranks. Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkKim Brady, who has been a source of stability amid managerial turmoil, will leave as finance chief at the Phoen  ( 46 min )

Carnival Corporation (CCL) was the worst-performing stock in the S&P 500 after the cruise line operator predicted much bigger losses than expected in the current quarter and full year.  ( 10 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )

The complaint filed against Binance alleges the company's top executives knew of and "tolerated" criminal activities facilitated by the platform.  ( 49 min )

(Bloomberg) -- For all the roadblocks facing US stocks, another force keeps cropping up to exert itself on the S&P 500: the power of a round number. Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkBe it a banking crisis or rising odds of a recession, nothing has stopped the S&P 500 from pushing toward th  ( 50 min )

This year started with a strong rally in the markets, but the past month has seen the positive sentiments start to sputter. The failure of Silicon Valley Bank started fears of a contagion and consequent bank runs, which were only partially offset by Federal regulatory actions. But there’s a growing consensus that it was the Federal actions that set the conditions for the bank crisis, when the central bank raised interest rates to fight inflation. Now, investors are trying to cope with the fallou  ( 50 min )

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(Bloomberg) -- Doubleline Capital’s Jeffrey Gundlach said on CNBC that he expects a US recession will start in a few months, and that the Federal Reserve will need to respond “very dramatically.”Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsFirst Citizens to Buy SVB After Biggest Failure Since 2008Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks“The economic headwinds are building,  ( 47 min )

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A bank crisis has pressured financial markets and made it hard for investors to know where to turn for signs of stability or worry. A few key readings on volatility, the bond market, and the currency market offer some guidance.  ( 49 min )

Despite the mounting costs, Carnival said it isn’t seeing any signs that inflation and other financial pressures are weighing on the company’s customers.  ( 24 min )

Where venture capitalists (VCs) and billionaires invest their money in the startup world can serve as a powerful indication of the next big sectors to emerge. While artificial intelligence (AI) and robotics often dominate the spotlight, Amazon.com Inc. founder Jeff Bezos has recently turned his attention towards the logistics industry. Logistics may be an unconventional focus by traditional VC standards, but Bezos's investment strategy is understandable given his experience. Having founded Amazo  ( 47 min )

A Texas-based franchise owner of more than two dozen Burger King locations in metro Detroit is ceasing operations in Michigan.  ( 47 min )

These names offer investors sustainable dividend yields of 5%+ alongside attractive share price upside potential.  ( 18 min )

(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsFirst Citizens to Buy SVB After Biggest Failure Since 2008Stocks Rise as Banks Sigh in Relief; Bonds Retreat: Markets WrapThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate  ( 49 min )

Investors searching for solid dividend stocks often look at a company’s dividend growth history as a guide to what to expect in the future. A company with a solid dividend growth history proves its ability to generate consistent earnings and gives an investor confidence that the dividend yield could continue to increase over time. When it comes to real estate investment trusts (REITs), many of the better ones will raise dividends perhaps once or twice per year. But consider one REIT that has dem  ( 48 min )

Withdrawals of earnings from a Roth IRA don’t count as income, but only if you follow the IRS rules.  ( 17 min )

Apple Inc (NASDAQ: AAPL) has quietly snapped U.S. startup WaveOne, which was developing AI algorithms for compressing video. WaveOne shut down its website around January, and several former employees, including one of WaveOne's co-founders, joined Apple's various machine learning groups, TechCrunch reports. The financial terms of the deal remain undisclosed. Also Read: Apple, In A Cinema Near You Soon: Streaming Rivalry Heats Up As Apple To Splurge On Original Theatrical Releases WaveOne's forme  ( 47 min )

Investors are going to sell $750 billion worth of stock this year. Welcome to “TARA” world.  ( 49 min )

U.S. lawmakers are considering changes to entitlement programs in the states, with some saying the country should raise the full retirement age.  ( 50 min )

Oil and gas M&A is showing signs of recovery with more than $14 billion in deals at the beginning of this week  ( 47 min )

Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.  ( 50 min )

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Retirement account withdrawals not only help you cover basic living expenses, but they also can fund the lifestyle you've always envisioned in your golden years. That money, however, can have unintended tax consequences. Required minimum distributions (RMDs) and other withdrawals … Continue reading → The post Social Security Taxes Can Hit You Hard in Retirement. Here's How to Lower Them appeared first on SmartAsset Blog.  ( 49 min )

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The leading cruise line’s recovery is delayed amid a mountain of debt, but it has a path to profitability.  ( 25 min )

Disney's push to cut costs will see 7,000 people leave the company this year, a process CEO Bob Iger said will begin this week and result in "challenges ahead" for the media giant.  ( 47 min )

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Our modest buying now takes advantage of different situations.  ( 8 min )

Carnival Corp (NYSE: CCL) shares are edging down 0.6% following its Q1 results. CCL reported first-quarter FY23 sales of $4.43 billion, beating the consensus of $4.33 billion. Revenue grew 95% from 2019 levels and jumped 173% from $1.6 billion in the prior year. Passenger Cruise Day (PCD) increased 180.5% Y/Y to 20.2 million. Occupancy for Q1 was 91%. Available lower berth days (ALBD) for Q1 were 22.1 million. Total customer deposits as of February 28, 2023, totaled $5.7 billion. Selling and adm  ( 46 min )

Read this before you trade in your gas guzzler.  ( 49 min )

Monday, Citi analyst Itay Michaeli opened a "90-day upside catalyst watch" for Fisker stock. He believes that if Fisker hits its milestones the narrative on the stock will change for the better.  ( 23 min )

Energy Transfer LP (NYSE: ET) has agreed to acquire Lotus Midstream Operations, LLC from an affiliate of EnCap Flatrock Midstream (EFM) for ~$1.45 billion. The consideration consists of $900 million in cash and ~44.5 million newly issued Energy Transfer common units. Lotus Midstream owns and operates Centurion Pipeline Company LLC, an integrated, crude midstream platform in the Permian Basin. The acquisition also includes a 5% equity interest in the Wink to Webster Pipeline, a 650-mile pipeline  ( 47 min )

Srini Pajjuri, of Raymond James, expects a tough coming earnings quarter for the chip maker but then sees a nice rebound.  ( 23 min )

To get a deal done, government regulators agreed to a series of concessions.  ( 48 min )

President Biden's Fiscal Year 2024 Budget has proposed a series of major tax increases, totaling nearly $4.7 trillion, aimed at businesses and high-income individuals. These proposals include higher marginal tax rates on corporate, individual, and capital gains income; a new minimum tax on high-net-worth individuals; and increases to Medicare taxes. Several tax credits would also be expanded or created, offsetting the gross taxes by about $900 billion and resulting in a net tax increase of $3.8  ( 48 min )

The maker of Marlboro cigarettes is spending big on smoke-free products, but is committed to its payout.  ( 23 min )

Analyst Keith Horowitz upgraded both KeyCorp and M&T Bank to Buy from Neutral, as the banking sector tries to come back from a rough couple of weeks.  ( 23 min )

Regional bank stocks like First Republic were rising after First Citizens agreed to buy large parts of the collapsed bank.  ( 24 min )

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Ford plans to cut roughly $20,000 from the cost of making an EV in the coming few years to hit its profitability goals. Rivian will have to do much better than that.  ( 23 min )

Barclays analyst Dan Levy believes the EV maker will deliver more cars than Wall Street expects for the first quarter.  ( 23 min )

(Bloomberg) -- MicroStrategy Inc., the biggest corporate owner of Bitcoin, paid off the remainder of its $205 million Bitcoin-backed loan from Silvergate Bank with proceeds from the sale of shares and purchased about $150 million more of the cryptocurrency. Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Failure Since 2008First Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayStocks Pare Gains on Tech Weakness;  ( 45 min )

Living at home gives them a chance to save up and live cheaply. But should they do it at your expense?  ( 48 min )

Novartis AG (NYSE: NVS) shares are trading higher in the premarket session after its breast cancer drug showed clinical benefit in early-stage breast cancer. Novartis announced topline results from an interim analysis of the NATALEE Phase 3 trial evaluating Kisqali (ribociclib) plus endocrine therapy (ET) in a broad population of patients with hormone receptor-positive/human epidermal growth factor receptor 2-negative (HR+/HER2-) early breast cancer at risk of recurrence. The Independent Data Mo  ( 46 min )

McapMediaWire -- Arma Services Inc. (OTC: ARMV) a leading innovator in the carbon offset market, is thrilled to announce an exclusive partnership with SURECO & Partners to release new technologies ...  ( 49 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

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Our perceptions of an improving outlook for the banking sector motivate these actions.  ( 5 min )

MicroStrategy acquired 6,555 Bitcoin for around US$150 million, at an average price of US$23,238 per coin, between Feb. 16 and March 23  ( 45 min )

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First Citizens will buy most of Silicon Valley Bank's assets while regulators are looking to expand lending for First Republic Bank to give it more time to strengthen its balance sheet. Here’s what investors need to know today.  ( 13 min )

One of the biggest worries associated with retirement planning is making sure you have enough money tucked away. While some people might aim to save $1 million or even $2 million for the future, your goal might be to save … Continue reading → The post How Long Will $600,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 50 min )

For 2023, the annual gift tax exemption is $17,000, up from $16,000 in 2022. This means you can give up to $17,000 to as many people as you want in 2023 without any of it being subject to the federal … Continue reading → The post Gift Tax Limits: How Much Can You Gift? appeared first on SmartAsset Blog.  ( 51 min )

The short answer to this question is, “Yes, provided you are prepared to accept a modest standard of living.” To get an an idea of what a 60-year-old individual with a $300,000 nest egg faces, our list of factors to check includes … Continue reading → The post Can I Retire at 60 With $300,000? appeared first on SmartAsset Blog.  ( 52 min )

The Euro initially fell during the trading session on Monday but did find a handful of buyers underneath to turn things around slightly.  ( 46 min )

Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.  ( 46 min )

North Carolina-based First Citizens is getting a $16.5 billion discount on the assets it's buying.  ( 23 min )

Monday, Baird analyst Mig Dobre downgraded shares of Caterpillar and United Rentals to Sell from Hold.  ( 24 min )

The German biotech that partnered with Pfizer to develop a Covid-19 vaccine expects fewer vaccinations and lowered levels of boosting this year.  ( 23 min )

The company in March 2022 had borrowed $205 million from Silvergate Bank.  ( 45 min )

The IRS is due to refine rules for which electric vehicles qualify for what tax credits. The update could result in buyers getting less of a benefit. There are still a few days left to get a higher amount, though.  ( 23 min )

It’s a good bet that stocks with the greatest sensitivity to liquidity will be outstanding performers during the next bull market.  ( 23 min )

U.S. stock futures move higher ahead of the open on Monday, along with bank stocks after North Carolina-based First Citizens bank agrees to buy Silicon Valley Bank.  ( 48 min )

First Citizens will assume ownership of branches, deposits and loans as of Monday morning.  ( 23 min )

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This money management maven doesn't mince words when it comes to financial faux-pas.  ( 50 min )

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Jack Ma's whereabouts are making headlines again, roughly a year after the billionaire founder of Alibaba disappeared from the public eye. Ma had chosen to stay abroad despite China's efforts to restore confidence in entrepreneurs, Bloomberg reported, citing unnamed sources. Within hours, however, it seems Ma actually visited an Alibaba-funded K-12 school in Hangzhou, according to an article published by the school, Yungu.  ( 47 min )

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(Bloomberg) -- Deutsche Bank AG shares rebounded and the cost of insuring its debt against default eased on Monday after sell-side analysts sought to reassure that the German lender’s financial health was sound.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Bank Failure Since 2008First Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFlorida Bill Would Make Puberty Even More AwkwardShares of Germany’s largest  ( 47 min )

(Bloomberg) -- As traders rush to identify where the next bout of volatility will come from, some watchdogs think the answer may be buried in the huge pile of hidden leverage that’s been quietly built over the past decade.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Bank Failure Since 2008First Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFlorida Bill Would Make Puberty Even More AwkwardMore than a dozen  ( 51 min )

(Bloomberg) -- Apple Inc. Chief Executive Officer Tim Cook met China’s Minister of Commerce Wang Wentao on Monday, underscoring the importance of the relationship between the leading US consumer tech company and its key partner despite heightened tensions between Washington and Beijing.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Bank Failure Since 2008First Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayF  ( 48 min )

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These snowbirds are heading south for the winter. And staying put.  ( 49 min )

First Citizens Bancshares agrees to acquire large parts of failed Silicon Valley Bank, lifting shares of other regional lenders such as First Republic Bank. Carnival and BioNTech are scheduled to report earnings Monday.  ( 23 min )

U.S. Steel and Cleveland-Cliffs are jockeying with foreign rivals to supply the crucial material for EV motors  ( 26 min )

Hong Kong stocks fell, following a two-week advance, amid concerns about the strength of China's economic recovery as corporate earnings reports from some of the nation's biggest companies trailed estimates. The Hang Seng Index dropped 1.8 per cent to 19,567.69 at the close of Monday trading. The Tech Index slipped 2.8 per cent while the Shanghai Composite Index slid 0.4 per cent. Xiaomi sank 4 per cent to HK$11.94 and Meituan tumbled 6.3 per cent to HK$131.40 while NetEase retreated 2.4 per cen  ( 48 min )

As crypto companies have scrambled to establish new bank relationships, industry executives say they have received a positive reception from some regional banks.  ( 26 min )

The cloud providers are using the tech behind ChatGPT to heat up demand for their services.  ( 26 min )

Ammar al-Khudairy stepped down less than two weeks after his comments set off a panic with the European lender’s shareholders, prompting the Swiss government to engineer an emergency takeover by UBS.  ( 26 min )

(Bloomberg) -- Morgan Stanley’s Michael Wilson — among the most prominent bearish voices on US stocks — says turmoil in the banking sector has left earnings guidance looking too high, putting sanguine stock markets at risk of sharp declines.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFirst Citizens Buys Silicon Valley Bank After Run on LenderBond Traders Go All-In on US Recession Bets That De  ( 48 min )

First Citizens will assume ownership of branches, deposits and loans as of Monday morning.  ( 23 min )

The billionaire’s trip home after a year away comes as Beijing winds down a tech crackdown that hit entrepreneurs’ confidence.  ( 24 min )

(Bloomberg) -- Most Read from BloombergFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayBond Traders Go All-In on US Recession Bets That Defy Fed ViewPutin Ups the Ante With Nukes in BelarusFirst Citizens Buys Silicon Valley Bank After Run on LenderAmmar Al Khudairy, the chairman of Credit Suisse Group AG’s largest shareholder, has resigned just days after his comments helped spark a slump in the Swiss lender’s shares. Al Khudairy, who became chairman of Saudi National Bank in 20  ( 48 min )

North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world. The sale involves the sale of all deposits and loans of SVB to First-Citizens Bank and Trust Co., the FDIC said in a statement late Sunday. Customers of SVB automatically will become customers of First Citizens, which is headquartered in Raleigh.  ( 48 min )

(Bloomberg) -- A rally in gold prices to an all-time high in India is deterring local buyers in the runup to what is normally a key demand period next month, according to the World Gold Council.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFirst Citizens Buys Silicon Valley Bank After Run on LenderBond Traders Go All-In on US Recession Bets That Defy Fed ViewGold futures in the second-biggest c  ( 47 min )

First Citizens Bancshares is buying big pieces of Silicon Valley Bank more than two weeks after the lender’s collapse sent tremors through the banking system.  ( 24 min )

Raleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT.  ( 46 min )

(Bloomberg) -- First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.Most Read from BloombergFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayBond Traders Go All-In on US Recession Bets That Defy Fed ViewPutin Ups the Ante With Nukes in BelarusGreenland Solves the Daylight Saving Time DebateThe Raleigh, North Carolina-based bank entered into a purchase and assumption agreement for all deposits and loans of SV  ( 49 min )

It’s a good bet that stocks with the greatest sensitivity to liquidity will be outstanding performers during the next bull market.  ( 23 min )

(Bloomberg) -- China’s economic recovery was mixed in March with business confidence and the housing market improving but the global outlook darkening amid heightened financial market turmoil.Most Read from BloombergFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayBond Traders Go All-In on US Recession Bets That Defy Fed ViewPutin Ups the Ante With Nukes in BelarusFirst Citizens Buys Silicon Valley Bank After Run on LenderBloomberg’s latest aggregate index of eight early indicato  ( 49 min )

Bitcoin and the other top 10 non-stablecoin cryptocurrencies rose on Monday morning in Asia, as investors diversify amid the ongoing banking turmoil.  ( 48 min )

Cathy Wood's fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took a hit following a short-seller's report.  ( 46 min )

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Expenses don't always decline in retirement for four prime reasons, but the good news is that there are ways to save money on each.  ( 18 min )

Four strategists offer similar advice: Stay defensive. Hold a little more cash. Stick to quality stocks—those with solid balance sheets and growth that doesn’t depend on the larger economy.  ( 23 min )

ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders current caution, but at least one analyst is optimistic that the situation will change.  ( 50 min )

First Citizens Bank is reportedly nearing a deal to acquire the failed Silicon Valley Bank through an auction held by the Federal Deposit Insurance Corporation.  ( 48 min )

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(Bloomberg) -- US share futures climbed and Asian equities crept higher in cautious trading as investors weighed the risk of recession and its impact on interest rates. Most Read from BloombergBond Traders Go All-In on US Recession Bets That Defy Fed ViewGreenland Solves the Daylight Saving Time DebatePutin Ups the Ante With Nukes in BelarusValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Republic TimeContracts for the S&P 500 and th  ( 48 min )

(Bloomberg) -- China’s central government is borrowing at the fastest pace on record to finance more spending and to ease the debt burden in provinces.Most Read from BloombergBond Traders Go All-In on US Recession Bets That Defy Fed ViewFirst Citizens Said to Near Deal for Silicon Valley BankPutin Ups the Ante With Nukes in BelarusGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeThe amount of sovereign bonds sold this quarter, exclud  ( 48 min )

Carnival Corporation (CCL) was the worst-performing stock in the S&P 500 after the cruise line operator predicted much bigger losses than expected in the current quarter and full year.  ( 11 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )

U.S. equities finished mixed, with bank stocks jumping after First Citizens BancShares bought a large portion of the assets and deposits of collapsed Silicon Valley Bank, and on signs the turmoil in the sector caused by the failure of SVB and Signature Bank is easing.  ( 11 min )

Being married offers many tax benefits, including those for spouses who provide family support while their counterpart works at an income-producing job.  ( 18 min )

Elon Musk has said Twitter can be profitable by the second quarter, as the billionaire continues to make sweeping changes to the company he bought last year for $44 billion.  ( 14 min )

If you are looking to invest outside of stocks and bonds, opening an alternative investing account is a critical first step. Learn what you need to open an alternative investing account and how to do it.  ( 19 min )

A CD ladder is a strategy in which an investor divides a sum of money into equal amounts and invests them in certificates of deposit (CDs) with different maturity dates.  ( 20 min )

On Tuesday, Michael Barr will testify to law makers about the Federal Reserve's findings so far in their investigation of Silicon Valley Bank's failure.  ( 12 min )

Withdrawals of earnings from a Roth IRA don’t count as income, but only if you follow the IRS rules.  ( 17 min )

Here are the pros and cons of Roth IRAs for baby boomers, including tax and inheritance considerations and how to convert a traditional IRA into a Roth.  ( 19 min )

A systemically important financial institution (SIFI) is a firm that regulators feel would pose a serious risk to the economy if it were to collapse.  ( 16 min )

CEO Changpeng Zhao appears unfazed  ( 11 min )

Teen drivers often pay the highest rates for car insurance, but there are ways to get cheaper coverage. Learn how to get affordable car insurance for 17-year-olds.  ( 15 min )

This week’s cryptocurrencies to keep an eye on are XRP (XRP), Nexo (NEXO), Flare Network (FLR), XDC Network (XDC), and Litecoin (LTC).  ( 13 min )

The Emergency Banking Act of 1933 was passed to restore investor confidence and stabilize banks in the wake of the Great Depression.  ( 18 min )

Opening a crypto exchange account is an essential step in buying Shiba Inu (SHIB). Learn what you need to open a crypto exchange account and how to do it.  ( 17 min )

Federal Reserve Adds $94.5 billion in Assets to Balance Sheet  ( 13 min )

Opening a crypto exchange account is an essential step in buying Dogecoin (DOGE). Learn what you need to open a crypto exchange account and how to do it.  ( 17 min )

Shares of First Citizens BankShares (FCNCA) are skyrocketing after the regional bank purchased a large portion of collapsed Silicon Valley Bank.  ( 11 min )

Anastasia Amoroso, Chief Investment Strategist for iCapital, rejoins the show to help decode the Fed's latest decision on interest rates and the curious language in its statement. Plus, what she is looking for inside bank balance sheets to determine just how healthy, or sick, they actually are. And, despite the swirling fears around the banking sector, some of the riskiest assets are the best performers in the first quarter. Will that continue?  ( 14 min )

Dependent children who earned more than $12,950 in tax year 2022 and $13,850 in 2023 must file a personal income tax return. Here are tips for kids who are first-time filers.  ( 23 min )

The Glass-Steagall Act was established in 1933 and repealed in 1999. It was designed to separate commercial banking and investment banking.  ( 18 min )

Rates on 30-year mortgages sank for a second day, dropping the average more than a third of a point to hit a six-week low.  ( 12 min )

Opening a crypto exchange account is an essential step in buying SafeMoon crypto. Learn what you need to open a crypto exchange account and how to do it.  ( 17 min )

The turmoil in the U.S. banking sector has had a negative impact on the market for initial public offerings (IPOs). IPOs raised just $19.7 billion this year, down 70% from a year ago. Of that, just $3.2 billion has been raised through IPOs in the U.S.  ( 10 min )

First Citizens will buy most of Silicon Valley Bank's assets while regulators are looking to expand lending for First Republic Bank to give it more time to strengthen its balance sheet. Here’s what investors need to know today.  ( 11 min )

Portfolio management involves selecting and overseeing a group of investments that meet a client's long-term financial objectives and risk tolerance.  ( 22 min )

A vital part of a trader’s success is the ability to analyze trading data. Here are some of the top programs and applications for technical analysis.  ( 22 min )

Expenses don't always decline in retirement for four prime reasons, but the good news is that there are ways to save money on each.  ( 18 min )

The energy crisis of 1973 was one of two oil price shocks during the 1970s. The other was in 1979. Find out more about what caused it.  ( 19 min )

De verschillen tussen regio's in ons land worden steeds groter en zijn op veel plekken zelfs "schrikbarend", schrijven onderzoekers. De overheid zet volgens hen te weinig in op de welvaart in het hele land.  ( 4 min )

De Amerikaanse financiële toezichthouder CFTC spant een rechtszaak aan tegen 's werelds grootste handelsplatform voor cryptomunten Binance. Ook medeoprichter en topman Changpeng Zhao moet voor de rechter verschijnen. Volgens de CFTC heeft Binance jarenlang meerdere regels geschonden.  ( 3 min )

Nieuwe regels voor het opzeggen van energiecontracten laten langer op zich wachten. De verwachte ingangsdatum was aanvankelijk 1 april maar wordt nu 1 juni, bevestigt branchevereniging Energie Nederland na berichtgeving van RTL Nieuws. En zolang de regels niet veranderen, zijn veel leveranciers terughoudend met het aanbieden van vaste contracten.  ( 4 min )

Algemene ziekenhuizen en vakbonden hebben een onderhandelingsresultaat bereikt over de arbeidsvoorwaarden van zo'n 200.000 werknemers. Na maandenlange onenigheid kwamen de onderhandelaars maandag in een overleg tot overeenstemming.  ( 3 min )

Chauffeurs in het streekvervoer zullen deze week niet staken. Dat is de uitkomst van de gesprekken van de afgelopen dagen tussen vakbonden en werkgevers. Volgens vakbond FNV zijn er "goede stappen gemaakt". De gesprekken, die geleid worden door twee verkenners, gaan deze week door.  ( 3 min )

Na jaren van discussie en uitstel zit er vanaf vandaag statiegeld op blikjes. Het beleid gaat officieel in op 1 april, maar volgens Statiegeld Nederland, de organisatie die het systeem uitvoert en beheert, zijn we er nu al klaar voor. "De machines zijn sinds vannacht ingelezen met alle artikelen. Overal en bij alle machines werkt het", zegt directeur Raymond Gianotten.  ( 4 min )

De Europese Unie kan de verkoop van nieuwe benzine- en dieselauto's vanaf 2035 verbieden. De EU-landen, waaronder Duitsland, hebben daar maandag mee ingestemd.  ( 3 min )

Delen van de broncode van Twitter zijn gelekt op een online platform voor softwareontwikkelaars, schrijft The New York Times. Vrijdag liet het bedrijf van Elon Musk aan GitHub weten dat de code daar gepost was, waarna het platform de code direct verwijderde.  ( 4 min )

Ook de Belastingdienst heeft medewerkers gevraagd spionagegevoelige apps als TikTok van hun werktelefoon te verwijderen. De fiscus is bang dat TikTok gebruikt kan worden om mensen te bespioneren.  ( 3 min )

Kledingketen Scotch & Soda komt in handen van het Amerikaanse bedrijf Bluestar Alliance. Het Nederlandse deel van het modemerk ging vorige week op de fles, maar kan nu onder Amerikaanse vleugels een doorstart maken.  ( 3 min )

De Amerikaanse First Citizens Bank neemt de failliete Silicon Valley Bank (SVB) over. De zeventien filialen van de omgevallen bank worden per direct First Citizens-kantoren.  ( 3 min )

Medeoprichter Gordon Moore van chipmaker Intel is vrijdag op 94-jarige leeftijd overleden. De Amerikaan is vooral bekend om de wet van Moore, zijn voorspelling over de rekenkracht van computerchips.  ( 3 min )

Nu de krapte op de arbeidsmarkt aanhoudt, zetten bedrijven alles op alles om de beste vakmensen aan te trekken. Een goed salaris, een werkgarantie of een extra bonus: het kan niet op. Maar toch willen werknemers méér. Ze eisen steeds vaker een goede balans tussen werk en privé.  ( 5 min )

Federal authorities are reportedly considering an expansion of the Federal Reserve's emergency lending program to help banks like First Republic Bank shore up their balance sheet.  ( 47 min )

(Bloomberg) -- First Citizens BancShares Inc. is in advanced talks to acquire Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter. Most Read from BloombergBond Traders Go All-In on US Recession Bets That Defy Fed ViewGreenland Solves the Daylight Saving Time DebatePutin Ups the Ante With Nukes in BelarusValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Republic TimeFirst Citizens cou  ( 47 min )

Oil traders ran for the exit during the last major sell off in oil, and now the latest Commitment of Traders report has revealed where that oil money flowed to  ( 49 min )

The Bureau of Economic Analysis will release its fourth-quarter gross-domestic product estimate on Thursday, and its February household income and spending report on Friday.  ( 23 min )

Following multiple recent bank collapses, some on Wall Street estimated the Fed would step back from its by-now customary rate hikes when it convened to discuss its monetary policy last week. That did not happen, however, and Fed chair Jerome Powell announced another 0.25 percentage point rate increase. One prominent investor thinks that was unnecessary and counterproductive. “Obviously he (Fed Chair Jerome Powell) didn’t need to do what he did,” billionaire Barry Sternlicht said, likening the a  ( 48 min )

Twitter’s valuation has fallen to about $20B since Musk bought it for $44B. OpenAI has jumped to about $29B, up from $14B in 2021.  ( 47 min )

BioNTech, Carnival, Lululemon, McCormick, Micron, and Walgreens Boots Alliance report this week. Plus, banking regulator testimony, housing data, and consumer confidence.  ( 23 min )

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The IRS is due to refine rules for which electric vehicles qualify for what tax credits. The update could result in buyers getting less of a benefit. There are still a few days left to get a higher amount, though.  ( 23 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

The first of many Congressional hearings on Silicon Valley Bank's failure will be a key event this week, while investors also look to hold onto stock gains during what has been a strong first quarter of the year.  ( 49 min )

Turmoil in the banking system has made for a murkier outlook for the economy.  ( 54 min )

(Bloomberg) -- Saudi Aramco., the world’s biggest energy company, has signed agreements with Chinese partners to build a state-of-the-art refining complex in the northeast region of the Asian nation.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateBond Traders Go All-In on US Recession Bets That Defy Fed ViewValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another  ( 48 min )

These recently downgraded names are displaying both quantitative and technical deterioration.  ( 11 min )

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When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 50 min )

Retired people need to stay busy and it never hurts to make extra cash, especially when you're on a fixed income. If you're thinking of working while retired, let's go over some of the best part-time jobs for retirees. Here are … Continue reading → The post 9 Best Part-Time Jobs for Retirees appeared first on SmartAsset Blog.  ( 50 min )

(Bloomberg) -- Global financial markets are poised for another week of turmoil, as traders close out a dizzying month in which cascading worries about US and European lenders dominated sentiment and complicated central banks’ fight against inflation. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateBond Traders Go All-In on US Recession Bets That Defy Fed ViewValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Rep  ( 48 min )

This way you won't have to worry about losing your card ... again.  ( 49 min )

Before you see a dollar of lottery winnings, the IRS will take 25%. Up to an additional 13% could be withheld in state and local taxes, depending on where you live. Still, you'll probably owe more when taxes are due, … Continue reading → The post How Taxes on Lottery Winnings Work appeared first on SmartAsset Blog.  ( 51 min )

Required minimum distributions (RMDs) are withdrawals you have to make from most retirement plans (excluding Roth IRAs). The age for withdrawing from retirement accounts was increased in 2020 to 72 from 70.5. The SECURE 2.0 Act, though, raised the age for … Continue reading → The post How to Calculate Required Minimum Distribution (RMD) appeared first on SmartAsset Blog.  ( 55 min )

Employer-sponsored, tax-deferred retirement plans like 401(k)s and 403(b)s have rules about when you can access your funds. As a general rule, if you withdraw funds before age 59 ½, you'll trigger an IRS tax penalty of 10%. The good news … Continue reading → The post What Is the Rule of 55 and How Does It Work? appeared first on SmartAsset Blog.  ( 49 min )

When the market is soaring, it's easy to forget that what goes up can also come down. But economic slowdowns tend to be cyclical, which means that another recession is in the future. Whether it's fast-approaching or still a ways off, it's … Continue reading → The post 5 Things to Invest in When a Recession Hits appeared first on SmartAsset Blog.  ( 48 min )

The Justice Department is still trying to win its first trial over alleged criminal labor-market collusion.  ( 24 min )

Don't let yourself be surprised when you file.  ( 50 min )

(Bloomberg) -- Ask the world’s biggest oil traders where the market is headed as prices hover near a 15-month low, and you’ll hear almost universal agreement: The stage is set for a rally. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeValley National, First Citizens Said to Bid on Silicon ValleyCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysDeSantis’s Bad Week Shows Beating Trump Will Be a Dif  ( 49 min )

The crypto industry is hoping that a former manager at Coinbase who has pleaded guilty in a criminal case can beat the SEC by challenging the regulator’s view that the tokens he traded were securities.  ( 25 min )

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The biggest U.S. banks stand to become even more powerful in the wake of the banking crisis — whereas regional banks could lose their foothold.  ( 49 min )

But I'd play it a bit differently, here's how.  ( 12 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

This is a TikTok challenge you don’t want to get behind.  ( 50 min )

The process can involve weeks of debate as employee performance and skill sets are reviewed.  ( 25 min )

Holders of annuities totaling $2.2 billion can’t touch their money as the legal battle over Greg Lindberg’s empire rages on.  ( 23 min )

It isn’t just the algorithms, but a cutthroat culture boosting apps such as TikTok, Shein and Temu.  ( 25 min )

Valley National Bank and First Citizens BancShares have reportedly submitted bids for the failed Silicon Valley Bank following it's collapse earlier this month.  ( 46 min )

(Bloomberg) -- Christine Lagarde is cementing her credentials as the biggest hawk among major central bankers despite the mounting banking stress, handing financial markets a reason to buy the euro and sell German bonds.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens Said to Bid on Silicon ValleyDeSantis’s Bad Week Sh  ( 49 min )

(Bloomberg) -- UBS Group AG’s emergency buyout of Credit Suisse Group AG threatens to drastically shrink the financing options for small and mid-sized companies, after the demise of a 166-year-old champion of Swiss entrepreneurship.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens Said to Bid on Silicon ValleyDeSantis’s  ( 49 min )

Compensation has been one of many questions facing employees since Elon Musk’s tumultuous acquisition of the company last year.  ( 24 min )

Crypto technical analysis involves using technical indicators to evaluate the market before making a trading decision. Here’s how to read crypto charts.  ( 24 min )

The federal Truth in Lending Act and the Real Estate Settlement Procedures Act (RESPA) dictate most of the regulations that mortgage lenders must follow.  ( 20 min )

The Ethereum Merge is the joining of Ethereum’s proof-of-stake (PoS) Beacon Chain with the Ethereum Mainnet.  ( 16 min )

An economic depression is a steep and sustained drop in economic activity featuring high unemployment and negative GDP growth.  ( 23 min )

Want to be the master of your career by becoming a full-time day trader? Prepare to arrange sufficient capital, design a strategy, and more.  ( 17 min )

Transactions costs are the prices paid to trade a security, such as a broker's fee and spreads, or to make any trade in a market.  ( 15 min )

CD rates can determine how much room your money has to grow. Learn whether it makes sense to buy CDs when rates are low.  ( 16 min )

The Ethereum blockchain transitioned to proof-of-stake in September 2022. The upgrade also set the stage for the blockchain's future.  ( 16 min )

A jumbo certificate of deposit (CD) works the same as a regular CD, except that it requires a larger investment and pays a higher interest rate.  ( 17 min )

Vacation homes are second properties that may be used for recreational or rental purposes and that are separate from the owner's principal residence.  ( 14 min )

If government economic forecasts are correct, there’s going to be a “mild” recession later this year—but it probably won’t seem so mild to the millions who would be put out of work.  ( 11 min )

A chartered retirement planning counselor (CRPC) has earned is a professional designation awarded by the College for Financial Planning.  ( 17 min )

No matter how brainless or backbreaking your part-time job may be, the benefits can go way beyond your wallet.  ( 17 min )

Non-deductible IRAs are particularly attractive for people who are restricted by income limits in how much money they can put away for retirement.  ( 18 min )

De ramadan is deze week begonnen. Veel moslims vasten in deze periode tussen zonsopkomst en zonsondergang. Het is voor velen van hen de belangrijkste maand van het jaar. Maar hoe flexibel gaan werkgevers om met de ramadan?  ( 7 min )

Working capital management is a strategy that requires monitoring a company's current assets and liabilities to ensure its efficient operation.  ( 17 min )

Amazon has multiple credit offerings, including products for both its users and sellers. Learn more about the details of each.  ( 18 min )

This checklist will help you get started as an intelligent and successful investor. It focuses on key personal attitudes and strategic frameworks.  ( 18 min )

The National Bank Surveillance System (NBSS) was a computerized monitoring system that evaluated the performance of national banks and predicted their chance of failure.  ( 17 min )

Pfizer's biggest competitors in the global pharmaceutical industry are Johnson & Johnson, Roche, Eli Lilly, AbbVie, Novo Nordisk, and Merck.  ( 15 min )

As HBO's `Succession' returns for as fourth season, meet the wealthy media families who inspired the hit drama series.  ( 12 min )

How to avoid violating the wash sale rules set by the Internal Revenue Service (IRS) when realizing capital losses in your taxable investment account.  ( 16 min )

Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.  ( 25 min )

Derived demand—in economics—is the demand for a good or service that results from the demand for a different, or related, good or service.  ( 15 min )

A minor child may be named on a brokerage account if a parent or guardian opens a custodial account with the child.  ( 16 min )

(Bloomberg) -- Valley National Bancorp and First Citizens BancShares Inc. are both vying for Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister Says‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000  ( 47 min )

Twitter is apparently offering demoralized employees new equity grants that will start to vest after six months.  ( 47 min )

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(Bloomberg) -- Investors are quickly dividing corporate borrowers into the haves and the have-nots.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens Said to Bid on Silicon ValleyDeSantis’s Bad Week Shows Beating Trump Will Be a Difficult TaskWorries about the health of banking systems on both sides of the Atlantic, incr  ( 48 min )

(Bloomberg) -- Bond investors are piling into wagers that a US recession is around the corner amid a growing dissonance between how markets and the Federal Reserve see the outlook for the economy.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBank Chaos Tests Trade  ( 49 min )

A restructuring or liquidation would have triggered “major international upheaval," said finance minister Karin Keller-Sutter.  ( 47 min )

(Bloomberg) -- The Federal Reserve’s preferred measure of underlying price pressures probably remained elevated in February, keeping officials in a precarious spot as they seek to balance inflation-fighting resolve and stress on the banking system.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now Ne  ( 51 min )

As investors rushed to leading cryptocurrencies like Bitcoin, politicians in the United States took aim at incoming CBDC plans.  ( 48 min )

Ford has its work cut out for it in securing enough critical minerals for its EV batteries.  ( 48 min )

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In the investing world, the art of “stock picking” is crucial for success; investors must choose the right stocks to invest in to achieve strong returns. Therefore, when Wall Street experts label a stock as a ‘Top Pick,’ it’s a significant indication that the stock has great potential, and investors should take note. Using the TipRanks platform, we’ve looked up the details on two stocks that have recently gotten ‘Top Pick’ designation from the analysts at banking giant J.P. Morgan. So, let’s div  ( 49 min )

For those with no interest in democracy and with money to burn, America might be starting to look like a risky market.  ( 23 min )

Forget your credit card on your next Panera Bread run? No worries, you'll soon be able to pay with the palm of your hand.  ( 47 min )

A bank panic. Tightening lending standards. Another rate hike. The market fears not these things.  ( 23 min )

A big headwind for bonds—whose prices move inversely to their yields—has been the Federal Reserve’s aggressive rate-tightening program.  ( 23 min )

(Bloomberg) -- US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up its balance sheet, according to people with knowledge of the situation.Most Read from BloombergRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBank Chaos Tests Traders’ Nerves and Rewards Those Doing NothingDeutsche Bank Drops in Selloff  ( 48 min )

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Many people are looking for investments that can beat inflation, which sits at 6%. How about a dividend ETF yielding 7.5% that also gives you exposure to some of the world’s top international stocks? The ETF is the iShares International Select Dividend ETF (BATS:IDV). What is the IDV ETF? The IDV ETF comes from BlackRock’s popular iShares family of ETFs. It “seeks to track the investment results of an index composed of relatively high dividend paying equities in non-U.S. developed markets.” As t  ( 49 min )

Bitcoin has had a solid month, rising as turmoil roils the banking sector.  ( 23 min )

Recent turmoil = a more bullish outlook? Here's how  ( 48 min )

ChatGPT and other generative AI tools are starting to see more widespread adoption. That has some workers worried.  ( 47 min )

If you give someone cash or property valued at more than the 2023 annual exclusion limit of $17,000 ($34,000 for married joint filers), you'll have to fill out Form 709 for gift tax purposes. But don't fret. This doesn't always … Continue reading → The post How to Fill Out Form 709 appeared first on SmartAsset Blog.  ( 50 min )

Interested in investing in your retirement? You know you should be socking money away for your golden years, but you need to understand the savings vehicle your employer offers. The 401(k) plan, which for-profit employers offer, is a popular way … Continue reading → The post 401(a) vs. 401(k): What's the Difference? appeared first on SmartAsset Blog.  ( 50 min )

Roth IRAs are one of the many ways you can save for retirement. Their key benefit – you can withdraw funds in retirement without paying taxes on the distributions – has made them very popular among tax-savvy investors. Still, there … Continue reading → The post Roth IRA Withdrawal Rules and Penalties appeared first on SmartAsset Blog.  ( 50 min )

"Some of the market's best days occur very close to the worst days." This is one of the pieces of advice from the 2023 Retirement Guide published recently by J.P. Morgan Asset Management . The guide is the 11th version … Continue reading → The post JPMorgan Recommends These Themes For Retirement In 2023 appeared first on SmartAsset Blog.  ( 50 min )

Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.  ( 49 min )

Getting a mortgage could become more difficult and expensive as you age. For most Americans, especially young adults, homeownership remains out of reach with the average purchase price for a home nearly doubling over the past 10 years and mortgage … Continue reading → The post Does the Mortgage Industry Hate Old People? appeared first on SmartAsset Blog.  ( 49 min )

(Bloomberg) -- Fears of tightening financial conditions leading to a recession are driving traders to rethink their risk exposure and seek out safety in the stock market. Most Read from BloombergRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy-or-Rent Premium Is Highest Since 2006 Housing Bubble“It ain’t pretty out there,” said Charlie  ( 49 min )

While lower rates are helping buyers overcome affordability hurdles, home prices are still expected to remain high.  ( 48 min )

Medicare Advantage plans are an increasingly popular alternative to Traditional Medicare, but you need to be careful before signing up.  ( 49 min )

(Bloomberg) -- Black Swan funds spend years waiting for markets to crash. Turns out, just a whiff of a crash is enough to juice performance.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy-or-Rent Premium Is Highest Since 2006 Housing BubbleThese options-based strategies that benefit from volatility breakouts ar  ( 49 min )

Apparently, even the price of stones has skyrocketed.  ( 48 min )

“We've been assured there really isn't a problem in the eurozone banking system”, the finance minister of one member state told me last week in the wake of the Credit Suisse collapse. “I'm not worried by current developments”.  ( 50 min )

April 1 is the deadline to make your first required minimum distribution, or RMD, from IRAs, 401(k)s, 403 (b) plans and other similar workplace plans.  ( 51 min )

Thirty states have passed laws that allow partners or shareholders in pass-through entities—including S corporations, LLC and partnerships—to work around a federal cap on so-called SALT deductions.  ( 23 min )

The sibling of the Indian conglomerate’s founder played a key role in activities questioned by a U.S. short seller; company says brother had no managerial role.  ( 25 min )

While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.  ( 48 min )

Much like viral illnesses, bank runs have a habit of being contagious. After Silicon Valley Bank (SVB) collapsed and Credit Suisse reached its humiliating denouement last week, one City banking boss received a phone call from his mother.  ( 49 min )

China's post-pandemic recovery is sending a clear and urgent message to the nation's fallen property tycoons: shape up, reorganise and get on with working out their debt. The rush is on. China Evergrande's Hui Ka-yan and his beleaguered industry peers have set March as a key target. By the end of the month, they want to have a done deal with their creditors, or at least have something to show. If not, they could miss Beijing's lifeboat for the sector and lose any remaining goodwill among credito  ( 53 min )

So much for market calm.  ( 49 min )

The banking network collapse from earlier this month poses a significant risk to the health of the crypto market.  ( 47 min )

Since last year, the ARK Invest CEO has been warning that the Fed's interest-rate increases could break the financial system.  ( 27 min )

It's almost time for Washington's next scheduled crisis. The clearest risk isn't the one everyone talks about, Christopher Smart writes.  ( 26 min )

The world remains on a knife-edge. After a period of relative calm following the bailout of Credit Suisse, the FTSE 100 has ended the week firmly in the red again amid another sharp sell-off in bank stocks.  ( 48 min )

Working against the clock to stop a developing banking crisis, Treasury Secretary Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy. Paulson, who ran the Treasury Department during the financial crisis in 2008, counseled immediate government action. A bank run on Silicon Valley Bank had begun earlier in the week.  ( 53 min )

Shares of these six cybersecurity stocks are up about 15% this year, on average. Yet they are down about 25% over the past 12 months.  ( 23 min )

With fat yields and more safety than common stock, preferred shares can be lifeboats for investors navigating banking’s stormy seas. Why bigger is better for small investors.  ( 23 min )

Four strategists offer similar advice: Stay defensive. Hold a little more cash. Stick to quality stocks—those with solid balance sheets and growth that doesn’t depend on the larger economy.  ( 23 min )

Medeoprichter Gordon Moore van chipmaker Intel is vrijdag op 94-jarige leeftijd overleden. De Amerikaan is vooral bekend om 'de wet van Moore', zijn voorspelling over de rekenkracht van computerchips.  ( 3 min )

Rijksambtenaren mogen straks geen TikTok meer gebruiken op werktelefoons. Het besluit van het kabinet komt voort uit zorgen over spionage door de Chinese overheid. Voor Amerikaanse dataslurpers, zoals Facebook en Google, zijn die waarschuwingen er niet.  ( 6 min )

We zijn gek op sparen; of het nu punten zijn, zegeltjes, korting of handdoeken. Een nieuwe trend is dat spaarprogramma's ons erop wijzen dat ze we onze punten kwijt kunnen raken. Zo willen ze ons in beweging krijgen.  ( 5 min )

The Federal Reserve's rate hikes beginning in March 2022 essentially ended a four-decade rally in bond markets  ( 1 min )

Deutsche Bank shares fall in pre-market trading amid worries about the banking system and banks raise borrowing from the emergency federal lending program. Here’s what investors need to know today.  ( 1 min )

Major U.S. stock indexes dropped in the morning but rallied back to close the day higher on Friday, March 24, 2023.  ( 1 min )

Money market funds attracted more than $300 billion in four weeks, the fastest pace of inflows since 2020 as investors sought safety from turmoil in the banking industry.  ( 1 min )

Shares of Deutsche Bank (DB) are sinking as the largest German bank has become the latest financial institution to be impacted from the fallout caused by the collapse of Silicon Valley Bank and Signature Bank in the U.S.  ( 1 min )

U.K. regulators determined that the proposed purchase of Activision Blizzard (ATVI) by Microsoft (MSFT) would not lessen gaming console competition.  ( 1 min )

The current ratio is a liquidity ratio that measures a company’s ability to cover its short-term obligations with its current assets.  ( 23 min )

Cryptocurrency can be used to earn passive income. Learn how some people are using virtual currency as a supplemental income source.  ( 14 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )

Traditional and Roth IRAs offer a tax-advantaged way to save for retirement, but there are contribution limits and strict rules regarding withdrawals.  ( 20 min )

U.K. regulators determined that the proposed purchase of Activision Blizzard (ATVI) by Microsoft (MSFT) would not lessen gaming console competition.  ( 11 min )

Major U.S. stock indexes dropped in the morning but rallied back to close the day higher on Friday, March 24, 2023.  ( 10 min )

The debt-ceiling debate never seems to go away for good. Here's a guide to the lingo for when it starts up again.  ( 14 min )

A debtor in possession (DIP) is a person or business under bankruptcy protection that still holds property to which a creditor has a right.  ( 16 min )

A credit application is a formal request by a borrower to a lender for credit. It requires the applicant to provide certain information about their finances.  ( 16 min )

A primary account holder is legally responsible for a credit card or bank account including any transactions made by other, authorized users.  ( 16 min )

The CHIPS and Science Act, signed into law on Aug. 9, 2022, supports domestic semiconductor manufacturing, research and development, and workforce development.  ( 18 min )

A judgment lien is a court ruling giving a creditor the right to take possession of a debtor's property if the debtor doesn't fulfill their obligations.  ( 15 min )

Learn how a financial advisor can help you analyze and structure your finances to bring down debt, and how to find the right advisor for you.  ( 17 min )

The U.S. has announced it may not soon replenish the oil it sold from its Strategic Petroleum Reserve last year, but assessing the market impact is somewhat difficult.  ( 13 min )

A bump-up certificate of deposit entitles the bearer to take advantage of rising interest rates with a one-time option to “bump up” the rate paid.  ( 16 min )

A subordination agreement establishes one debt as ranking behind another in priority for collecting repayment should a debtor default.  ( 15 min )

Learn about major hedge fund failures including the Madoff investment scandal and insider trading cases at SAC Capital, LTCM, and the Galleon Group.  ( 22 min )

Learn why requests to increase the credit limit on a credit card may be declined, and find out which factors influence the lender's decision.  ( 16 min )

The Federal Reserve's rate hikes beginning in March 2022 essentially ended a four-decade rally in bond markets  ( 13 min )

Nasdaq is getting close to launching custody for cryptocurrencies, after announcing its digital assets business last year.  ( 11 min )

More older Americans are taking out or cosigning loans to help their kids and grandkids pay for college. It doesn't always work out well.  ( 18 min )

Mortgage rates took a major downturn, dropping the 30-year rate average to its lowest level in six weeks.  ( 12 min )

Money market funds attracted more than $300 billion in four weeks, the fastest pace of inflows since 2020 as investors sought safety from turmoil in the banking industry.  ( 13 min )

Concealment refers to a failure to reveal material information that would alter the premium or issuance of an insurance policy.  ( 13 min )

A withdrawal is a removal of funds from an account, plan, pension, or trust. Often, conditions must be met in order to avoid penalties.  ( 16 min )

Sooner or later that day will come. How to tell if you're ready and what to do if you need a course correction.  ( 16 min )

Here are some tips on the different types of annuities you could have in your portfolio.  ( 19 min )

What is the most tax-efficient way to take required minimum distributions from your retirement plan? Several financial advisors weigh in.  ( 16 min )

Roth 401(k) and 403(b) plans can beat traditional plans over the long term by providing tax savings at retirement.  ( 17 min )

Which among the most common types of annuities pose the most risk during a recession? Let’s take a look.  ( 17 min )

U.S. companies reported a big jump in business activity this month as demand surged, especially in the services industry. The S&P Global Flash US Composite Purchasing Managers’ Index (PMI) for March was 53.3, up from 50.1 in February.  ( 10 min )

Deciding how much to put into a 401(k) account can be tricky. There are guidelines to ensure that you are investing what you need, so you can retire in comfort.  ( 17 min )

Consumer theory is a branch of microeconomics that studies how people decide what to spend their money on based on their preferences and budget constraints.  ( 14 min )

A Roth IRA conversion shifts money from a traditional IRA to a Roth IRA. There may be long-term tax benefits but there can also be costs.  ( 20 min )

Money management is the process of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group.  ( 14 min )

Affording a house just keeps getting more difficult: Median payment for a new mortgage rose to $2,061 in February, the highest in data going back to 2009.  ( 11 min )

Both are strong options, but if cost is your concern, then Fidelity is your best choice.  ( 18 min )

Watch out for these four major scams so you don't pay for free services or are a victim of identity theft, trashed credit, late fees, and more.  ( 21 min )

Here's how to do a retirement-needs analysis to know if you will have enough money to retire when you want to.  ( 19 min )

A follow-on public offer (FPO) is an issuance of additional shares by a public company that already listed on an exchange.  ( 14 min )

With thousands existing already, have you ever wondered how a cryptocurrency is made? Learn more about how you can make your own cryptocurrency.  ( 17 min )

Don't let these errors in judgment affect your good credit for the rest of your life.  ( 17 min )

Shares of Deutsche Bank (DB) are sinking as the largest German bank has become the latest financial institution to be impacted from the fallout caused by the collapse of Silicon Valley Bank and Signature Bank in the U.S.  ( 12 min )

Homes in the U.S. are older than ever and need of critical repairs and maintenance, according to a Harvard study.  ( 11 min )

Missed payments, collections, and requests for credit take can appear on a credit report for several years. Learn about time frames how often creditors report to bureaus.  ( 18 min )

The U.S. ranks 14th in the world in basic financial skills. Only 57% of Americans are considered financially literate. Find out which states require financial education.  ( 20 min )

Wondering if student loans are amortized? Here's everything you should know about student loans and amortization.  ( 17 min )

Deutsche Bank shares fall in pre-market trading amid worries about the banking system and banks raise borrowing from the emergency federal lending program. Here’s what investors need to know today.  ( 11 min )

The Dow Jones Industrial Average (DJIA) is a popular stock market index that tracks 30 U.S. blue-chip stocks.  ( 22 min )

ARK invest sold Coinbase shares on Tuesday, then bought an even larger haul on Thursday after word of the SEC's warning tanked the price.  ( 47 min )

Company picks up Signature Bank assets and deposits on the cheap from FDIC. Also, Wall Street views on General Mills, Alaska Air Group, Boyd Group Services, Chewy, and KB Home.  ( 23 min )

Here are seven major companies whose stocks moved on the week’s news.  ( 25 min )

A bank panic. Tightening lending standards. Another rate hike. The market fears not these things.  ( 23 min )

Coinbase's former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents.  ( 50 min )

The deposits dropped by $100 billion during the week ended March 15. At the same time, consumer loans edged up.  ( 23 min )

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See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )

U.K. regulators determined that the proposed purchase of Activision Blizzard (ATVI) by Microsoft (MSFT) would not lessen gaming console competition.  ( 12 min )

Commodity experts at Standard Chartered are saying that the path of least resistance for oil prices at this point is higher, not lower  ( 48 min )

Deutsche Bank stock tumbled, and the cost of insuring the lender’s debt against default leapt to multiyear highs, in the latest sign of investor nervousness about global banks.  ( 25 min )

Worries about the German lender risk becoming a self-fulfilling prophecy as investors search for the next weak link in European banking after Credit Suisse.  ( 25 min )

(Bloomberg) -- Deposits at US lenders posted the biggest decline in nearly a year during the week when multiple bank failures triggered the latest bout of global financial turmoil.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy-or-Rent Premium Is Highest Since 2006 Housing BubbleThe decline was entirely due to  ( 49 min )

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The brokerage’s stock has plunged by more than a third this year as customers yank cash from low-yielding “sweep” accounts. What’s ahead.  ( 23 min )

Ford is losing billions on its electric vehicles. Why the push could pay off in the near future.  ( 23 min )

Electric-vehicle maker Rivian Automotive Inc. is relocating parts of its manufacturing engineering team to its Illinois factory as part of a reorganization aimed at speeding up production.  ( 26 min )

With volatility roiling the bond market, hedging bets is a must. The key goals: safety and liquidity.  ( 23 min )

A big drop in demand for diesel fuel may be due to slowing economic growth in the U.S., especially in the heavy industry and construction sectors.  ( 23 min )

Warren Buffett — the Oracle of Omaha — is widely regarded as one of the greatest investors of all time. Berkshire Hathaway Inc. (NYSE: BRK-A) has returned tens of thousands of percent over the years and consistently outperforms the market. Buffett purchased the company for just $8.3 million in 1965, and it’s now valued at nearly $700 billion, roughly a 10 million percent return. But one of Buffett’s top all-time picks and longest-held positions is one you might not expect. Berkshire Hathaway fir  ( 47 min )

(Bloomberg) -- Federal Reserve Bank of San Francisco President Mary Daly, who is among senior central bankers whose role in the collapse of Silicon Valley Bank is under scrutiny, has pulled out of an appearance at a conference hosted by her bank.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsBuy-or-Rent Premium Is  ( 48 min )

The U.S. has announced it may not soon replenish the oil it sold from its Strategic Petroleum Reserve last year, but assessing the market impact is somewhat difficult.  ( 14 min )

The regulator’s potential lawsuit against the largest U.S. trading platform could reshape the industry and upend investors’ access to crypto markets.  ( 25 min )

(Bloomberg) -- The gap between Activision Blizzard’s stock price and Microsoft Corp.’s takeover offer is at its narrowest level since the $69 billion merger was announced in January 2022, as an update from UK regulators lifts expectations that the deal could go through. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens  ( 47 min )

If you're planning on making tax-deferred retirement accounts the last pot of money you tap after retirement, you've got a lot of company. And why not? The idea that your 401(k) or traditional IRA can keep growing and churning out … Continue reading → The post Want to Minimize Retirement Taxes? Don't Follow This Popular Strategy appeared first on SmartAsset Blog.  ( 49 min )

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The brokerage’s stock has plunged by more than a third this year as customers yank cash from low-yielding “sweep” accounts. What’s ahead.  ( 23 min )

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The airline is suspending one of its international routes for a few weeks in May and June.  ( 23 min )

(Bloomberg) -- Money managers have stepped up their bearish bets against office landlords, wagering that the US regional banking crisis will slash the availability of credit to property owners that were already suffering from the pandemic and rising interest rates.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy  ( 50 min )

Deutsche shares fell as much as 15% in trading on Friday, prompting concerns it might be the next domino to fall after failed lender Credit Suisse.  ( 49 min )

Warren Buffett arrived in Sun Valley, Idaho, with an unpopular warning — one the visionaries in the room were in no mood to hear. The tech leaders gathered there were bent on changing the world and had already made fortunes doing it. And in a year where some tech stocks were surging as much as 27-fold, many were sitting on investments with sky-high valuations that they felt just fine about. There were polite nods as Buffett took his place behind the lectern. Buffett warned the crowd that they we  ( 48 min )

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Among the S&P 500 mega-cap stocks, NVIDIA Corp (NASDAQ: NVDA) shares gained the most YTD (+86.06%). Nvidia shares also gained the maximum in the last week (+6.46%), the month (31.02%), the quarter (+69.05%), and the six months (+105.04%), reaching a market cap of $672 billion. Nvidia won a host of analyst convictions, especially since the GTC conference, which helped it showcase accelerating demand for its solutions, driven by the demand wave of generative AI and increasing criticality of power  ( 47 min )

Citi really fears the "knock-on impact from various media headlines on depositors psychologically," regardless of whether the initial reasoning was correct.  ( 49 min )

What is the most tax-efficient way to take required minimum distributions from your retirement plan? Several financial advisors weigh in.  ( 16 min )

The bank paid a consulting company owned by the founder’s brother-in-law and employed the founder’s son.  ( 24 min )

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Value stocks have taken a hit, while growth stocks are more expensive. The good news: There's a way to find growth stocks that trade more reasonably.  ( 23 min )

The billionaire investor says interest rate hikes are undermining the economy and could lead to more bank turmoil.  ( 48 min )

(Bloomberg) -- The $2 trillion venture capital industry could see portfolio markdowns of 25% to 30% — a “haircut” of possibly $500 billion — following the Silicon Valley Bank debacle, according to Bloomberg Intelligence. Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsBuy-or-Rent Premium Is Highest Since 2006 Housi  ( 47 min )

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Roger Aliaga-Diaz, Vanguard’s chief economist for the Americas, says his company sees a mild recession ahead with only a moderate rise in unemployment.  ( 23 min )

(Bloomberg) -- The revelation that about $2 million of “nickel” on the London Metal Exchange was actually just bags of stones has thrown a spotlight on the sprawling web of warehouses and metal stashes underpinning the billions of dollars of derivatives traded daily on the LME.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine P  ( 50 min )

As the world braces for a possible recession in 2023, many investors are wondering where to turn to secure their wealth. According to David Bailin, Chief Investment Officer at Citigroup Inc Global Wealth, real estate may be the key to weathering the storm. In a recent interview for Knight Frank's 2023 Wealth Report, Bailin outlined his predictions for the year ahead. He believes 2023 will present many investment opportunities if we get a mild recession and that active cash management will increa  ( 47 min )

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(Bloomberg) -- Bank of America Corp. is trimming its wealth-management, banking and lending group as higher interest rates continue to crimp business on Wall Street, forcing banks to make broader cuts.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeFewer than 200 staffers were offe  ( 46 min )

A Roth IRA conversion shifts money from a traditional IRA to a Roth IRA. There may be long-term tax benefits but there can also be costs.  ( 20 min )

The maker of Marlboro cigarettes hopes to approximately double its total U.S. smoke-free net revenue by 2028.  ( 23 min )

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(Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said that he had raised his forecast for peak interest rates this year amid ongoing economic strength, based on an assumption that banking-sector strains will prove temporary.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-S  ( 48 min )

Here's how to do a retirement-needs analysis to know if you will have enough money to retire when you want to.  ( 19 min )

Ford CEO Jim Farley is all in on taking the fight to Tesla.  ( 48 min )

The Washington Supreme Court on Friday upheld the state's new capital gains tax, which was adopted by lawmakers in an effort to balance what is considered the nation's most regressive tax code. In a 7-2 decision, the justices found the tax to be an excise tax — not a property tax, which the state Constitution limits to 1% annually, or an income tax, which Supreme Court decisions dating to the 1930s have found unconstitutional. “For 134 years, Washington state has been waiting for the day when a fairer tax system came about, one where working people were not carrying an inequitable share of the burden," Gov. Jay Inslee, a Democrat, said in a statement.  ( 49 min )

Activision Blizzard, Inc (NASDAQ: ATVI) shares gained 6% after the U.K. antitrust regulator capped its concerns regarding the Microsoft Corp (NASDAQ: MSFT) deal. On Friday, the Competition and Markets Authority issued updated provisional findings in its assessment of Microsoft's proposed acquisition of Activision, narrowing its scope of concerns. The CMA's new evidence provisionally alleviates concerns concerning the supply of gaming consoles in the U.K. In February, the CMA flagged competition  ( 47 min )

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(Bloomberg) -- Rapidly rising borrowing costs pose more of a threat to companies in Latin America than anywhere else in emerging markets, raising concern that defaults in the region are about to rise, according to S&P Global Ratings.Most Read from BloombergRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBank Chaos Tests Traders’ Nerves and Rewards Those Doing NothingDeutsche Bank Drops in Selloff  ( 49 min )

Nearly four months after a federal court ruling eased investors' concerns, a decision by a state judge in California has reignited those fears.  ( 23 min )

Ford is losing billions on its electric vehicles. Why the push could pay off in the near future.  ( 23 min )

Patience is key in any real estate venture.  ( 49 min )

TD Bank recently revealed a pledge to invest in local communities across the U.S. to complement its pending, $13.4 billion acquisition of First Horizon Corp. Hugh Allen, a TD Bank executive based in Charlotte, talks about the local impact.  ( 17 min )

Nvidia CEO Jensen Huang told Yahoo Finance that the company is seeing an increase in demand around generative AI.  ( 47 min )

Nvidia CEO Jensen Huang told Yahoo Finance that the company is seeing an increase in demand around generative AI.  ( 47 min )

Before plunging on Friday morning, oil prices had recovered somewhat from last week's crash, but the lack of demand from the SPR capped that rebound.  ( 48 min )

Property owners were already under pressure from rising rates and empty office space. The last thing they needed was a banking crisis.  ( 49 min )

Regulators are no longer concerned the compay might pull Call of Duty from rivals such as Sony, reducing competion in the market for game consoles.  ( 23 min )

(Bloomberg) -- Deutsche Bank AG shares plunged the most in three years on Friday, suggesting that a week of soothing words from central bankers and politicians have failed to calm broad worries about the financial sector.Most Read from BloombergDeutsche Bank Slumps in Resurgence of European Bank WorriesJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short t  ( 48 min )

Tidjane Thiam says the controversial decision by Swiss authorities will mean U.S. and Asian lenders could come out of banking crisis stronger.  ( 48 min )

The company and its partner Sanofi presented data from a trial of the drug as a treatment for chronic obstructive pulmonary disease.  ( 23 min )

They allege they were not given notice before their personal belongings were auctioned off.  ( 49 min )

By David Willey, Benzinga  ( 48 min )

Since the banking crisis began, investors have been looking toward the Federal Reserve. The central bank’s move on interest rates had been widely anticipated, and investors were eager for a sign to indicate whether the Fed saw inflation or a bank run crisis as the greater threat. With central bank’s announcement of a 25 basis point rate hike, or 0.25%, the impression is that the Fed has tried to take a middle path, and is slowing its interest rate policy to calm the banking sector while not aban  ( 50 min )

To some people, $3 million will sound like a lot. You probably think $3 million is enough to retire if you're among that crowd. But retiring with $3 million at 65 can last depending on your longevity, lifestyle and other … Continue reading → The post Is $3 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 49 min )

Here are the pros and cons of cashing in early — yes, early — once you hit that charmed age.  ( 48 min )

The brokerage last week issued a statement, saying the company's 'longstanding reputation as a safe port in a storm remains intact.'  ( 23 min )

(Bloomberg) -- First Republic Bank extended its slump Friday on the heels of another downgrade and as the financial turmoil spread to a European lender.Most Read from BloombergDeutsche Bank Slumps in Resurgence of European Bank WorriesUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShares of First Republic fell as much as 6.6% in premarket tr  ( 46 min )

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Stocks are feeling pressure from multiple directions.  ( 48 min )

Shares in Deutsche Bank, Germany's largest lender, fell sharply on Friday, dragging down major European banks as fears about weaknesses in the global financial system send fresh shudders through the markets. Deutsche Bank shares were off 14% in early afternoon trading on the German stock exchange. The drop follows a steep rise in the cost of financial derivatives, known as credit default swaps, that insure bondholders against the bank defaulting on its debts.  ( 49 min )

An expert thinks the rising value of assets, like homes, could “balloon this gap even further.”  ( 49 min )

(Bloomberg) -- Jean Paul Prates, the head of Brazil’s state-controlled oil company, isn’t deterred by the world’s energy transition. He says Latin America’s largest producer should keep increasing fossil fuel output for decades to come.Most Read from BloombergDeutsche Bank Slumps in Resurgence of European Bank WorriesUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortJack Dorsey’s Block Vows to Fight Back After Hindenburg Sa  ( 49 min )

(Bloomberg) -- A tier 2 subordinated bond by Deutsche Bank AG is surging toward face value on Friday after the lender unexpectedly announced its decision to redeem the note early.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeThe bonds, which mature in 2028,  ( 48 min )

The next main catalyst for the sector is the reward halving in early 2024, the report said.  ( 47 min )

A critical report from short-seller Hindenburg Research sends shares in Block falling. The company says the report is inaccurate, and some analysts agree.  ( 23 min )

Wall Street is not so sure about a new short call on Block.  ( 50 min )

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(Bloomberg) -- Deutsche Bank AG was at the center of another selloff in financial shares heading into the weekend. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeThe German bank tumbled 12% on Friday. Credit default-swaps on Deutsche Bank’s euro, senior debt  ( 48 min )

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(Bloomberg) -- Investors are fleeing to cash in the biggest rush since the onset of the pandemic as concerns of an economic slowdown mount, according to Bank of America Corp. strategists who see equity and credit markets slumping in coming months. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among  ( 48 min )

Shares of Block extend losses Friday after the payments company is targeted by short-selling firm Hindenburg Research, while Coinbase also falls for a second day following receipt of a Wells Notice from the SEC.  ( 23 min )

(Bloomberg) -- Deutsche Bank AG shares slumped and the German lender’s credit-default swaps surged amid wider concerns about the stability of the banking sector. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUS Fears a War-Weary World May Embrace China’s Ukr  ( 48 min )

The market may have some answers post-Fed decision, but things are still on edge.  ( 49 min )

Some of the world's leading chip makers, including Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung Electronics, will be hamstrung from expanding their facilities in China under proposed US guidelines covering companies that receive federal funding for semiconductor production, according to analysts. The proposed "national security guardrails", which the US Commerce Department unveiled on Tuesday, bar companies receiving a portion of the US$52 billion in federal subsidies under the US CH  ( 49 min )

Apple CEO Tim Cook will be among a small group of top US executives attending a high-profile summit hosted by the Chinese government this weekend, in a show of commitment to the market amid decoupling risks and supply chain adjustments. The head of the world's most valuable company will join Jon Moeller, CEO of consumer goods giant Procter & Gamble; Stephen Schwarzman, CEO of investment firm Blackstone; and Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, at the China  ( 50 min )

Market turmoil is sending nervous investors into cash, but there are several options better than parking it in a mattress.  ( 24 min )

Five retirees open up about their financial lives and how they spend their time and money.  ( 24 min )

Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.  ( 46 min )

(Bloomberg) -- Markets are signaling the Federal Reserve is wrong when it talks about the prospect for further interest-rate hikes, with bond investor Jeffrey Gundlach among the latest to predict cuts instead as the risk of recession grows.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJack Dorsey’s Wealth Tumbles $526 Mi  ( 49 min )

Everything you need to know to retire confidently and on time.  ( 30 min )

The telecoms companies are using the technology to offer increasingly popular bundles of mobile and home broadband.  ( 23 min )

Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.  ( 47 min )

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(Bloomberg) -- Cathie Wood snapped up more of Block Inc. shares as the payment firm became short seller Hindenburg Research’s latest target on allegations of facilitating fraudsters.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidCredit Suisse, UBS Among B  ( 47 min )

Pensioenfonds ABP komt met extra compensatie voor ruim achtduizend mensen. Zij kregen jarenlang geen arbeidsongeschiktheidspensioen, terwijl ze daar wel recht op hadden.  ( 4 min )

Klanten van ING konden sinds vrijdagochtend geen geld overmaken naar andere rekeningen door een storing. Inmiddels kan dat wel weer, zegt een woordvoerder rond 18.00 uur tegen NU.nl. Betalen in winkels of online via iDEAL was wel de hele dag mogelijk.  ( 3 min )

VNO-NCW en MKB-Nederland worstelen met de beperkende werking van stikstofregels. De werkgeversverenigingen roepen nu het kabinet op te voorkomen dat Nederland verder op slot gaat.  ( 3 min )

NU.nl geeft je regelmatig een overzicht van de ontwikkeling van de gasprijs, het gasverbruik en de vulling van de gasopslagen in Nederland. Dit zijn de cijfers van de afgelopen week in drie grafieken.  ( 4 min )

Het is zeer onwaarschijnlijk dat we te maken krijgen met een nieuwe bankencrisis in de eurozone. Dat zei premier Mark Rutte vrijdag na een EU-top in Brussel.  ( 3 min )

Europese banken krijgen vrijdag opnieuw harde klappen op de verschillende beurzen. De zorgen over de stabiliteit van de financiële sector na eerdere problemen bij Amerikaanse banken en de redding van het noodlijdende Credit Suisse blijven groot.  ( 3 min )

Shou Zi Chew is al twee jaar de CEO van TikTok, een van de populairste apps ter wereld. Deze week trad hij voor het eerst in de spotlights toen hij werd ondervraagd door de Amerikaanse Senaat. De toekomst van TikTok in de VS staat op het spel. Wat weten we over Chew?  ( 6 min )

Klanten van ING kunnen vrijdagochtend geen geld overmaken naar andere rekeningen door een storing. Betalen in winkels of online via iDEAL is wel mogelijk.  ( 3 min )

Maaltijdbezorgers van Deliveroo zijn werknemers en geen zzp'ers. Dat oordeelde de Hoge Raad vrijdag in een zaak die was aangespannen door vakbond FNV. Daarmee sluit de hoogste rechter van ons land zich aan bij eerdere oordelen van de rechtbank en het Gerechtshof.  ( 4 min )

Bedrijven in Nederland hebben in het afgelopen jaar samen zo'n 327 miljard euro winst geboekt. Dat is het hoogste bedrag sinds statistiekbureau CBS eind vorige eeuw begon met meten. Het vorige record stond op 288 miljard en werd een jaar eerder genoteerd.  ( 3 min )

Alle Twitter-gebruikers met een geverifieerd account verliezen op 1 april het blauwe vinkje op het profiel. Vanaf die datum is het icoontje voorbehouden aan betalende gebruikers, kondigt het socialemediabedrijf vrijdag aan.  ( 3 min )

VNO-NCW en MKB-Nederland worstelen met de beperkende werking van stikstofregels. De werkgeversverenigingen roepen nu het kabinet op te voorkomen dat Nederland verder op slot gaat.  ( 3 min )

Beyoncé en adidas stoppen met hun samenwerking. De verkoopcijfers van Beyoncé's kledinglijn vallen tegen en er zou ook sprake zijn van creatieve meningsverschillen tussen de zangeres en het sportmerk.  ( 3 min )

Huishoudens hadden vorig jaar gemiddeld 2 procent meer te besteden dan het jaar ervoor. Dat meldt statistiekbureau CBS, dat daarbij rekening houdt met de hogere prijzen van bijvoorbeeld energie en boodschappen. De stijging komt doordat lonen omhooggingen, meer mensen een baan hadden en door de energiecompensatie vanuit het kabinet.  ( 3 min )

Industriële giganten als Shell, BP en chemiebedrijf Dow hebben een veel grotere klimaatimpact dan hun concurrenten. De bedrijven produceren minder efficiënt, waardoor ze jaarlijks vele honderdduizenden extra tonnen CO2 uitstoten. Dat blijkt uit onderzoek van NU.nl.  ( 12 min )

In de Amerikaanse staat Utah is donderdag een wet ondertekend die het gebruik van TikTok en Instagram door jongeren en kinderen drastisch inperkt. Dit gebeurde ondanks tegenstand van de techindustrie en experts op het gebied van burgerrechten.  ( 3 min )

Industriële giganten als Shell, BP en chemiebedrijf Dow hebben een veel grotere klimaatimpact dan hun concurrenten. De bedrijven produceren minder efficiënt, waardoor ze jaarlijks vele honderdduizenden extra tonnen CO2 uitstoten. Dat blijkt uit onderzoek van NU.nl.  ( 11 min )

Industriële giganten als Shell, BP en chemiebedrijf Dow hebben een veel grotere klimaatimpact dan hun concurrenten. De bedrijven produceren minder efficiënt, waardoor ze jaarlijks vele honderdduizenden extra tonnen CO2 uitstoten. Dat blijkt uit onderzoek van NU.nl.  ( 11 min )

A report from Goldman Sachs estimated that U.S. households will sell $750 billion in equities in 2023, moving funds to less risky assets.  ( 1 min )

U.S. stock indexes closed higher on Thursday, March 23, boosted by optimism in the technology sector, with the Nasdaq gaining 1%.  ( 1 min )

TikTok's CEO faces a congressional panel on data security concerns and Coinbase says the SEC could be bringing charges. Here’s what investors need to know on March 23, 2023.  ( 1 min )

Ford is projecting a $3 billion loss on its electric vehicle (EV) segment this year, underscoring how traditional automakers’ EV businesses are still far from profitable.  ( 1 min )

Global policies have been implemented to suppress the use of paper currency and promote digital currency to create a data trail for law enforcement and tax agencies.  ( 16 min )

A report from Goldman Sachs estimated that U.S. households will sell $750 billion in equities in 2023, moving funds to less risky assets.  ( 10 min )

U.S. stock indexes closed higher on Thursday, March 23, boosted by optimism in the technology sector, with the Nasdaq gaining 1%.  ( 12 min )

Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 18 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )

You can't go wrong with either E*TRADE or Fidelity, but Fidelity does do better with more competitive rates.  ( 19 min )

In March 2023, Signature Bank was shut down by the New York State Department of Financial Services. Learn why the bank collapsed and what it means for you.  ( 22 min )

Bitcoin halving, explained. Find out about Bitcoin's artificial inflation process works and what it means for Bitcoin's price and its users.  ( 22 min )

A bankruptcy trustee is a person appointed by the United States Trustee to represent the debtor's estate during a bankruptcy proceeding.  ( 18 min )

There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 20 min )

A bank account number is a unique string of numbers and, sometimes, letters or other characters that identifies the owner of the account.  ( 15 min )

A loan application fee is an up-front fee charged to a potential borrower for processing an application for a loan that is payable when the loan application is submitted.  ( 13 min )

Programs initiated by the Federal Reserve this month to shore up global liquidity, stabilize the banking system, and soothe investors may further entrench the U.S. dollar's global supremacy.  ( 14 min )

From books and magazines to podcasts and in-person community events, there’s no shortage of valuable tools that you can use to increase your financial knowledge.  ( 21 min )

Ford is projecting a $3 billion loss on its electric vehicle (EV) segment this year, underscoring how traditional automakers’ EV businesses are still far from profitable.  ( 11 min )

Good financial habits begin in childhood and last a lifetime.  ( 16 min )

These are the top 10 most heavily weighted stocks in the S&P 500 Index.  ( 14 min )

The Fidelity vs. TD Ameritrade broker debate comes down to your experience in trading and investing. Beginners may appreciate TD Ameritrade’s educational programs. Fidelity offers better value, but with fewer features. Read our comparison.  ( 18 min )

Apple is in talks with film studios to partner on theatrical releases of several movies and has plans to increase its content budget by at least $1 billion per year.  ( 12 min )

Countries around the world, despite having different political regimes and economic conditions, are mostly using the same playbook to fight inflation—their central banks have been raising interest rates.  ( 12 min )

A student loan consolidation can save you money on your student loans, but there are some pros and cons to consider.  ( 18 min )

Regulator warns of possible conflict of interest  ( 11 min )

The younger you are, the more your savings can grow. Here are eight basic money rules to get your finances on track.  ( 17 min )

A matching contribution is a type of contribution an employer chooses to make to their employee’s employer-sponsored retirement plan.  ( 15 min )

Federal and state banking laws protect individual consumers and the American economy against unfair and potentially dangerous practices.  ( 18 min )

Mass production is the manufacturing of large quantities of standardized products, often using assembly lines or automated technology.  ( 16 min )

Officials in Montenegro are awaiting the identification of person believed to be Do Kwon, founder of failed stablecoin Terra and wanted for fraud by authorities across the globe.  ( 11 min )

Student loan deferment pauses payments on student loans for up to three years for qualified applicants.  ( 21 min )

The increasing risk of cyberattacks on banks is a top concern for financial institutions and the government.  ( 16 min )

Shares of mobile payments company Block fell Thursday morning after the short seller Hindenburg Research accused the firm of fraud and overstating user traffic.  ( 11 min )

Empower (formerly Personal Capital) and Vanguard Personal Advisor Services are both excellent robo-advisors, but Vanguard Personal Advisor Services charges much less in fees.  ( 22 min )

The IRS issued a notice Tuesday requesting public comments on the taxation of NFTs, digital assets that can be particularly tricky to square with existing tax codes.  ( 13 min )

There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 17 min )

After jumping an eighth of the point the previous day, 30-year mortgage rates have tacked on a couple more basis points.  ( 12 min )

Coinbase shares fell almost 20% Thursday morning after the company revealed it had received a Wells notice from the Securities and Exchange Commission, a sign of future legal action.  ( 11 min )

The inverse relation between interest rates and bond prices seems somewhat illogical at first but then starts to make sense upon closer examination.  ( 18 min )

A contrast study between a career in financial planning and a career in wealth management to identify which is better suited to your skills and goals.  ( 16 min )

The S&P 500 Index (Standard & Poor's 500 Index) is a market-capitalization-weighted index of the 500 leading publicly traded companies in the U.S.  ( 21 min )

Advice for workers, the unemployed, and retirees on protecting and building your retirement savings during and after the coronavirus crisis.  ( 20 min )

Here are the pros and cons of temporarily suspending your student loan payments.  ( 19 min )

The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one other overnight.  ( 19 min )

Trending topics of the month for educators, with useful material to share with students and use in lessons.  ( 8 min )

An obligor, also known as a debtor, is legally or contractually obliged to provide a benefit or payment to another, the obligee. Learn about their obligations.  ( 15 min )

The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 19 min )

How to manage those burdensome payments as you embark on your adult life.  ( 18 min )

TikTok's CEO faces a congressional panel on data security concerns and Coinbase says the SEC could be bringing charges. Here’s what investors need to know on March 23, 2023.  ( 11 min )

FDIC Problem Bank List is a confidential list of U.S. banks that are on the brink of not being able to sustain financial viability.  ( 15 min )

Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of banking and lending institutions, usually in response to laws enacted by the Congress.  ( 19 min )

The Acorn Collective was a project that aimed to be the first blockchain crowdfunding platform.  ( 16 min )

You can only rent out your reverse mortgage property if you continue to live there. In this guide, we’ll take you through the rules.  ( 16 min )

Whether you’ll recoup your money depends on what type of creditor you are and whether you take the required legal steps.  ( 17 min )

(Bloomberg) -- Oracle Corp. has cut jobs at its Cerner digital health-records unit, particularly in marketing, as the software giant works to integrate last year’s $28.3 billion acquisition.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidShort Seller Hindenburg Says ‘Another Big One’ Coming SoonCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJPMorgan Sold $10 Milli  ( 48 min )

(Bloomberg) -- Block Inc. co-founder Jack Dorsey’s net worth was hammered after Hindenburg Research’s latest report, which alleged the payments company ignored widespread fraud. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidShort Seller Hindenburg Says ‘Another Big One’ Coming SoonCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJPMorgan Sold $10 Million in Jewels  ( 46 min )

The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward.  ( 49 min )

The Federal Reserve's balance sheet continued to swell as banks braced themselves in the aftermath of two bank collapses.  ( 23 min )

“We avoided the debt crisis a couple of times...but now the game is over," economist Nouriel Roubini said in a new interview.  ( 49 min )

He straddled Western and Chinese business culture on his way to the top, and now TikTok’s CEO says he wants to clarify misconceptions about the company.  ( 26 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )

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"As long as people aren't all coming in at the same time and demanding that their deposits back, you're okay, but that's exactly what's been happening," Prof. Stephan Weiler told Fortune. "So the chances of facing those unrealized losses are going up."  ( 48 min )

(Bloomberg) -- Wall Street pros are warning investors who bid up US stocks on expectations the Federal Reserve will soon be cutting interest rates to remember an old cliche: Be careful what you wish for.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidJPMorgan Sold $10 Million in Jewels Left in Bank Safe Deposit Box, Sui  ( 48 min )

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Stocks closed higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.  ( 48 min )

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The semiconductor maker unveils cloud services for ‘large language.’  ( 46 min )

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In recent years, high-dividend stocks have become especially popular among investors looking for income in their portfolios. A new article from asset management firm AllianceBernstein, though, posits that these shares are not enough for building an effective portfolio. Rather, the … Continue reading → The post Obsessed With High-Dividend Stocks? Here's Why This Major Firm Says That's a Mistake appeared first on SmartAsset Blog.  ( 48 min )

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Experts say investors may be able to generate attractive, short-term returns as the Fed continues to raise rates  ( 49 min )

The SPDR S&P Bank exchange-traded fund has been flatlining near the level it reached in November 2020, early in the pandemic.  ( 23 min )

Stocks were higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.  ( 48 min )

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Some investors might look at big banks’ growing deposits and lower stock prices and see an opportunity.  ( 47 min )

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When stock prices fall, opportunities open up. That’s true whether we’re talking about a general market decline, or a slip in some individual stocks. However, it is crucial for investors to conduct due diligence and investigate the reasons behind the drop in price to ensure that they are making informed investment decisions. The key to success here is recognizing when a low-priced stock is fundamentally unsound or just facing tough trading conditions. Fortunately, Wall Street’s equity analysts a  ( 50 min )

By almost any metric or comparison, Rivian spends more money than peers.  ( 23 min )

Elon Musk disagreed with the Fed describing the banking system as “sound and resilient,” tweeting, “banks are melting.”  ( 48 min )

Retirement planning has many elements, but there are two questions that must be answered before anything else can be addressed: What age do you plan on retiring? And, how much money do you need saved to retire at that age? … Continue reading → The post Is $5 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 48 min )

A series of bank collapses in recent weeks has given some depositors the jitters, with many moving their funds to larger institutions for safety. So how are credit unions faring?  ( 48 min )

On Thursday, Shanghai-based RISC-V chip technology company StarFive said it had received a strategic investment from Chinese search firm Baidu Inc (NASDAQ: BIDU) for an undisclosed amount. StarFive has raised 1 billion yuan ($146.46 million) in financing to date, calling that a record for the domestic RISC-V sector, Reuters reports. The investment reflects a growing trend among Chinese tech giants to pour resources into RISC-V, an open-source technology that some analysts say is less susceptible  ( 46 min )

Thursday is turning out to be a bad day for Block (NYSE:SQ) stock. Shares of the digital payments specialist are down 14%, as of this writing, after a short seller launched an attack on the company. Specifically, following a two-year investigation, Hindenburg Research alleged Block was facilitating fraudsters. The short seller also announced it had opened a short position on the shares. Hindenburg claimed that after looking into the matter, it discovered that Block’s enormously successful Cash A  ( 47 min )

The FDA approved Cidara Therapeutics Inc's (NASDAQ: CDTX) antifungal Rezzayo (rezafungin) under priority review for treating candidemia and invasive candidiasis in adults with limited or no alternative treatment options, the company announced Wednesday. While the EMA accepted the marketing authorization application for rezafungin in August 2022, it is still under review for potential approval in Europe. Last year, Melinta Therapeutics acquired the rights to commercialize Rezzayo in the U.S. Also  ( 46 min )

Hedge fund manager Bill Ackman sounds the alarm on the state of the U.S. economy amid a banking crisis and the Federal Reserve's fight against inflation.  ( 47 min )

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(Bloomberg) -- An activist short seller attack on one US firm and the threat of regulatory action against another have conspired to deal a double blow to Cathie Wood and ARK Investment Management, as both shares are among her top holdings.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidFinally, a Serious Offer to Take P  ( 47 min )

"When people are like, 'Oh California is so much more expensive than Texas,' that’s the top income tax rate."  ( 49 min )

The EV pioneer didn't immediately respond to a request for comment.  ( 23 min )

Accenture plc (NYSE: ACN) shares are gaining over 4% during Thursday morning trading session following its solid Q2 results. The company also disclosed its plan to reduce 19,000 jobs. ACN reported second-quarter FY23 revenue growth of 5% year-over-year to $15.81 billion, beating the consensus of $15.59 billion. New bookings increased by 13% Y/Y to $22.1 billion. Consulting revenues decreased by 1% Y/Y to $8.28 billion, and Managed Services revenues increased by 12% Y/Y to $7.54 billion. Adjusted  ( 46 min )

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Ford gave investors and analysts today a peek at how it will reorganize its business units and report financial performance.  ( 48 min )

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Block shares 15% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 47 min )

Block shares sank 20% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 48 min )

Block shares sank 20% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 47 min )

Block shares sank 20% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 47 min )

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Layoffs by the provider of consulting and outsourcing services contribute to a wave of cuts that have gone beyond the tech industry as greater economic uncertainty drives cost reduction across different sectors.  ( 25 min )

Here's why 100K is a magic financial milestone.  ( 50 min )

Stock experts often tout the merit of taking the long-term view rather than looking for short term gains. It’s a strategy that gets the thumbs up from Morgan Stanley’s US Equity Strategy team, led by Mike Wilson. Wilson has been one of the Street’s most vocal bears for a while, but while he does not see the bear market as over just yet, he forecasts a “stronger earnings picture” by next year. A friendlier monetary policy, high inflation receding, pent-up demand in investment/capex and in specifi  ( 51 min )

Shares in Block Inc.—formerly known as Square—fell after Hindenburg Research released the results of what it called a two-year investigation.  ( 25 min )

Regional bank stocks are on edge right now, and Treasury Secretary Janet Yellen's comments about deposits were enough to fray investors' nerves a little more.  ( 23 min )

Stocks were trading higher early Thursday as investors digested Wednesday's news the Federal Reserve's rate hiking campaign is likely to end earlier than previously expected.  ( 48 min )

The Euro has initially rallied during the trading session on Thursday but has given back the gains as we have run into major selling pressure again.  ( 47 min )

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It can be hard to know if your retirement savings are on track, but comparing your balance to where others similar in age are can help. In particular, taking a look at the average 401(k) balance by age is a good place … Continue reading → The post The Average 401(k) Balance by Age: Are You Off the Mark? appeared first on SmartAsset Blog.  ( 51 min )

A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your … Continue reading → The post How the Employer Match Works With the 401(k) Limit appeared first on SmartAsset Blog.  ( 50 min )

A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a 401(k) or similar workplace plan. And if … Continue reading → The post Roth IRA Income Limits for 2023 appeared first on SmartAsset Blog.  ( 51 min )

No lotto tickets required.  ( 49 min )

The brokerage is sitting on sizable long-term debt that has lost value as the Fed has raised rates.  ( 27 min )

Former Coinbase Chief Technology Officer (CTO) Balaji Srinivasan is betting big on Bitcoin (BTC/USD), predicting the cryptocurrency will hit $1 million by June 17 because of a rapid devaluation of the U.S. dollar. Srinivasan entered into a $1 million bet via Twitter with two individuals, offering up Circle's USDC stablecoin to pseudonymous Twitter personality James Medlock and another unnamed person if Bitcoin fails to achieve the historic gains he predicts. The bet is part of Srinivasan’s view  ( 48 min )

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Wolfe Research analyst Nigel Coe took a look at what GE Aerospace and GE Vernova will be worth on a stand-alone basis. GE Vernova, GE's power generation businesses, are due to be spun out in early 2024.  ( 23 min )

(Bloomberg) -- First Republic Bank shares rose on Thursday along with banking peers, rebounding off the prior day’s losses that stemmed from disappointment over comments from Treasury Secretary Janet Yellen on bank deposits.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsShort Seller Hindenburg Says ‘Another Big One’ Coming SoonAckman Warns of Accelerated Deposit Outflows After Fed DecisionUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidBomb Threa  ( 47 min )

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The SEC warned the largest US crypto exchange about a possible enforcement action. Coinbase said SEC "has not been fair or reasonable."  ( 47 min )

Leave your job but don't resign yourself to a frugal future.  ( 50 min )

The past couple of days have been a whirlwind of new information for Boeing investors.  ( 23 min )

The cryptocurrency broker revealed Wednesday that U.S. securities charges may be looming, a threat that goes far beyond Coinbase.  ( 23 min )

The SEC's decision to send Coinbase a sweeping Wells Notice is a turning point for crypto.  ( 47 min )

Accenture said bookings hit a new record level but lowered its full-year guidance.  ( 23 min )

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Ford gave investors and analysts today a peek behind how it will reorganize its business units, and report financial performance.  ( 48 min )

The auto maker's electric-vehicle business has lost about $3 billion over the past two years combined. But Ford believes billions in EV profits lie just around the bend in the road.  ( 23 min )

For once, Wall Street isn't blaming Powell for a market beatdown. Here's how I expect things to play out as we edge toward the end of March.  ( 13 min )

(Bloomberg) -- For years, Amazon.com Inc.’s aggressive growth strategy has enabled the stock to command a hefty premium to big tech peers. But with its expansion slowing, many investors are now balking at paying up for the e-commerce giant.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsShort Seller Hindenburg Says ‘Another Big One’ Coming SoonAckman Warns of Accelerated Deposit Outflows After Fed DecisionUS Fears a War-Weary World May Embrace China’s Ukraine Pea  ( 49 min )

Yellen spooks the markets, SEC warns Coinbase, celebrities charged over crypto scheme, and other news to start your day.  ( 23 min )

Big banks are attracting more deposits–and putting money back into failing banks. A similar system existed in the run-up to the Great Depression.  ( 49 min )

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(Bloomberg) -- Hindenburg Research said it will soon release a new report, two months after the US short seller’s explosive allegations against Adani Group wiped more than $100 billion off the Indian conglomerate’s market value.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidBomb T  ( 47 min )

(Bloomberg) -- American households will sell $750 billion of stocks this year in the first annual drop in demand since 2018, thanks to higher bond yields and lower savings, Goldman Sachs Group Inc. strategists say.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidBomb Threat Called I  ( 48 min )

The Securities and Exchanges Commission (SEC) has sent Coinbase a letter warning of possible legal action.  ( 49 min )

Coinbase is warned by the Securities and Exchange Commission that the agency could take enforcement action against the crypto exchange, while shares of First Republic Bank and PacWest Bancorp post modest rebounds.  ( 23 min )

The Federal Reserve has raised rates aggressively in the last year and projected on Wednesday its work raising rates is likely done. Dealing with the fallout of these moves, however, appears to be a project just getting underway.  ( 49 min )

Regional bank stocks are on edge right now, and Treasury Secretary Janet Yellen's comments about deposits were enough to fray investors' nerves a little more.  ( 23 min )

(Bloomberg) -- US equity futures climbed with Asian stocks as relative calm returned to markets Thursday following a tumultuous day of losses on Wall Street.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled by Fed Day’s Nerve-Wracking Rhetoric: Markets WrapAn index of  ( 49 min )

(Bloomberg) -- Investors are convinced the Federal Reserve will hike again this year and won’t pivot to monetary easing until 2024 — an outlook they see as bearish for stocks.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled by Fed Day’s Nerve-Wracking Rhetoric: Market  ( 49 min )

(Bloomberg) -- The US Securities and Exchange Commission sued crypto mogul Justin Sun for allegedly violating securities rules, and said eight celebrities including Lindsay Lohan and the artist known as Soulja Boy illegally touted tokens.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace  ( 48 min )

(Bloomberg) -- A recession is certain and so are rate cuts this year. That’s the message from the bond market metric Federal Reserve Chairman Jerome Powell highlighted a year ago as the best guide to tip-off economic troubles in the US.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisAckman Warns of Accelerated Deposit Outflows After Fed Decis  ( 48 min )

(Bloomberg) -- Citigroup Inc. Chief Executive Officer Jane Fraser said mobile apps and consumers’ ability to move millions of dollars with a few clicks of a button mark a sea change for how bankers manage and regulators respond to the risk of bank runs. Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges Fr  ( 48 min )

Volkswagen moet een Nederlandse consument 3000 euro schadevergoeding betalen omdat de autofabrikant illegale software had geïnstalleerd in zijn dieselwagen. Dat heeft de rechtbank in Haarlem bepaald.  ( 3 min )

Drie grote overheidsorganisaties leveren onvoldoende maatwerk bij het innen van belastingschulden, boetes en onbetaalde zorgpremies, concludeert de Algemene Rekenkamer. Ze gaan niet na of de burgers na de betalingen wel genoeg leefgeld overhouden.  ( 4 min )

Centrale banken in onder meer Zwitserland en het Verenigd Koninkrijk hebben donderdag hun rentes verder verhoogd. Dat deden ze ondanks zorgen over onder meer de dreigende ondergang van de Zwitserse bank Credit Suisse. In de nasleep van de aardbeving in Turkije bleef de rente in dat land ongewijzigd.  ( 3 min )

Werkgevers en vakbonden praten komend weekend verder in een laatste poging om tot een cao-akkoord te komen voor de dertienduizend werknemers in het streekvervoer. Als de partijen er opnieuw niet uit komen, volgen er vanaf volgende week woensdag nieuwe stakingen.  ( 3 min )

De internationale treinen van en naar Duitsland rijden maandag niet, omdat werknemers van het Duitse spoorbedrijf staken. Dat heeft de NS donderdag bekendgemaakt.  ( 3 min )

In Frankrijk is een massale stakingsdag tegen de door de regering doorgedrukte pensioenplannen van start gegaan. Meer dan een op de vijf leraren heeft het werk neergelegd en honderden scholen zijn geblokkeerd door betogers of gesloten. Ook het vliegverkeer wordt hard geraakt.  ( 4 min )

De inflatie is nog allesbehalve voorbij. Na de energieprijzen zijn het nu onder meer horeca, boodschappen en vakanties die steeds duurder worden. Maar Klaas Knot heeft als president van de Nederlandsche Bank (DNB) een enigszins geruststellende boodschap. "De piek is achter de rug."  ( 8 min )

In Duitsland rijden maandag naar verwachting geen treinen, trams en bussen. Ook luchtvaartpersoneel legt het werk neer nu vakbonden Verdi en EVG hebben opgeroepen tot een massastaking omdat een nieuwe cao uitblijft. Werkgevers en de bonden kunnen het niet eens worden over de lonen.  ( 3 min )

De Nederlandse Arbeidsinspectie heeft vorige week in totaal 250 overtredingen geconstateerd op 140 verschillende bouwplaatsen. In meer dan de helft van de gevallen was de situatie zo gevaarlijk dat de werkzaamheden direct zijn stilgelegd.  ( 3 min )

De inflatie is nog allesbehalve voorbij. Na de energieprijzen zijn het nu onder meer horeca, boodschappen en vakanties die steeds duurder worden. Maar Klaas Knot heeft als president van de Nederlandsche Bank (DNB) een enigszins geruststellende boodschap. "De piek is achter de rug."  ( 8 min )

De hogere tarieven voor wie is aangesloten op het warmtenet hebben vorig jaar niet gezorgd voor meer winst bij leveranciers. Dat meldt toezichthouder ACM, die de cijfers over 2022 bekeek van bedrijven als Ennatuurlijk en Vattenfall.  ( 4 min )

Het Europees Parlement heeft donderdag een akkoord bereikt over het verminderen van de uitstoot van de Europese scheepvaart. In 2050 moeten schepen 80 procent minder CO2 uitstoten.  ( 3 min )

TikTok heeft nog nooit gegevens van gebruikers met de Chinese overheid gedeeld en zal dat ook nooit doen. Dat gaat topman Shou Zi Chew van de videoapp donderdag verklaren voor het Amerikaanse Congres, blijkt uit de al gepubliceerde verklaringen.  ( 4 min )

Het Amerikaanse ruimtevaartbedrijf Relativity Space heeft donderdagochtend voor het eerst een ge-3D-printe raket gelanceerd. Door een motorstoring kwam de Terran 1-raket niet hoger dan 16 kilometer. Toch noemt het bedrijf de missie een succes, meldt persbureau Reuters.  ( 3 min )

De Amerikaanse toezichthouder voor effectenhandel (SEC) gaat cryptoplatform Coinbase aanpakken. De toezichthouder vindt dat cryptobedrijven als Coinbase, die de handel in digitale munten mogelijk maken, eigenlijk actief zijn in de handel in aandelen en obligaties. Maar ze voldoen niet aan de strengere regels die daarvoor gelden.  ( 3 min )

De krappe arbeidsmarkt, regeldruk en opgelopen coronaschulden zorgen ervoor dat steeds meer ondernemers er de brui aan geven. In de eerste twee maanden van dit jaar zijn 33.137 bedrijven gestopt. Dat zijn 22 procent meer stoppers dan een jaar eerder.  ( 5 min )

The benchmark index dropped amid the Fed's aggressive, year-long campaign of raising rates to fight inflation, though it's rebounded from recent lows.  ( 1 min )

The Fed announces a tough rate decision, UK inflation surprises with a jump, and US home prices fall for the first time in over a decade. Here’s what investors need to know today.  ( 1 min )

U.S. stocks declined on March 22, 2023, as the Fed raised interest rates by 25 basis points amid persistent concerns about the banking sector.  ( 1 min )

GameStop (GME) shares are soaring more than 30% after the electronics retailer posted its first quarterly profit in two years as it cut costs and reduced inventory.  ( 1 min )

PacWest Bancorp raised $1.4 billion in cash from Atlas SP Partners and borrowed heavily from the Fed to shore up liquidity after losing almost 20% of customer deposits.  ( 1 min )

Shou Zi Chew has been TikTok's boss for 2 years needs to convince U.S. lawmakers that the social media app, owned by China-based ByteDance, is not a threat to national security.  ( 50 min )

Stocks moving after the bell on March 22, 2023.  ( 48 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

Coinbase Global said the Securities and Exchange Commission has sent the company a "Wells Notice."  ( 23 min )

The regulator believes the largest U.S. crypto exchange violated investor-protection laws in several aspects of its business, including its staking and wallet service.  ( 26 min )

Gisele Bündchen recently touched on the rapid collpase of cryptocurrency exchange FTX in late 2022, describing it as "terrible" and saying it "blindsided" her.  ( 47 min )

The proposals may unintentionally hurt those least prepared for retirement.  ( 51 min )

One thing that has distinguished traditional banking from crypto, in the eyes of many financial experts, is stability. So if customers sitting anywhere in the world with an Internet connection can instantly move their money from one bank to another, the question arises of how different that traditional setup looks compared to notoriously fickle crypto, aside from the ostensible government backstop.  ( 50 min )

(Bloomberg) -- Federal Reserve Chair Jerome Powell conceded that top officials were stumped at the sudden collapse of Silicon Valley Bank earlier this month, which spurred widespread panic of a deeper banking crisis and in turn upended global financial markets.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldAckman Warns of Accelerated Deposit Outflows After Fed DecisionA New Chapter of Capitalism Eme  ( 49 min )

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High export demand for LNG and higher domestic natural gas consumption pushed U.S. gas demand to higher levels than supply last year  ( 48 min )

With the recent collapse of two banks serving as a backdrop, the Federal Reserve hiked interest rates another 25 basis points on Wednesday. The decision to raise the federal funds rate to a 4.75-5% target range comes on the heels of the … Continue reading → The post Fed's Latest Rate Hike: What Retirees Need to Know appeared first on SmartAsset Blog.  ( 50 min )

(Bloomberg) -- Coinbase Global Inc. said it received a notice from the SEC formally declaring the securities regulator’s plans to bring an enforcement action against the largest US crypto exchange, the latest development in a long-running dispute between the watchdog and the digital-asset company. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisFinally, a Serious Offer to Take Putin Off Russia’s HandsA New Chapte  ( 49 min )

Nvidia’s share price has more than doubled over the past six months as it becomes the preferred supplier to both sides of the AI war raging between Google and Microsoft.  ( 48 min )

(Bloomberg) -- Traders are accustomed to a bumpy ride whenever Jerome Powell speaks. But when Powell speaks at the same time Janet Yellen is talking to Congress about the health of the banking sector, the turbulence can get overwhelming.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisFinally, a Serious Offer to Take Putin Off Russia’s HandsA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled b  ( 49 min )

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Wolfe Research analyst Nigel Coe took a look at what GE Aerospace and GE Vernova will be worth on a stand-alone basis. GE Vernova, GE's power generation businesses, are due to be spun out in early 2024.  ( 23 min )

(Bloomberg) -- Wall Street widely expected the Federal Reserve to raise interest rates by 25 basis points, which is exactly what happened. But equity investors debated conflicting messages: the policy guidance shifted from “ongoing” rate increases to “some additional” policy firming, though Chair Jerome Powell said that the Fed’s hands aren’t tied. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of  ( 49 min )

Ninth-straight increase suggests rates will stay high for a long stretch.  ( 48 min )

Crisis threatened an economic model and national identity built on safeguarding the world’s wealth.  ( 25 min )

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Here are key takeaways from the Federal Reserve's interest-rate decision and statement on Wednesday: Federal Open Market Committee votes unanimously to raise benchmark rate by 25 basis points, as forecast, to target range of 4.75%-5%; second straight hike of that size following December's 50 basis-point hike and the four straight 75 basis-point moves before that “Dot plot” of rate forecasts shows 5.1% median estimate for end-2023, unchanged from last update in December; end-2024 projection rises  ( 47 min )

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High-growth names have done well this year on hopes that the Fed will stop lifting rates.  ( 23 min )

The rise of AI technology has boosted the chipmaker's shares.  ( 24 min )

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The Federal Reserve is expected to raise interest rates by another 0.25% on Wednesday as it works to tame inflation that remains above target and short-circuit a banking crisis that has seen three U.S. banks fail this month.  ( 48 min )

I am a 43-year-old divorced father. I have $315,000 in a traditional individual retirement account (IRA), $90,000 in a Roth IRA, $22,000 in a health savings account (HSA), $8,000 in a 529 college savings account, $30,000 in a traditional 401k, … Continue reading → The post Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57? appeared first on SmartAsset Blog.  ( 51 min )

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